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AUDUSD Trading In A Temporary Correction, Possible Resistance Around 0.7400/0.7440

Discussion in 'Technical Analysis' started by Kaitlin, May 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    AUDUSD has fallen very aggressively last week from 0.7720 that appears to be wave three of an impulsive decline, so we need to consider the idea that top is in place and that big downtrend continuation is in the cards as decline is looking impulsive. As such, we will expect[​IMG]

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