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AUDUSD : Uptrend Continuation In View

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    AUDUSD has turned lower last week but only temporary into wave (iv) that can be finished now after recent bounce from 0.7180 and out of a downward corrective channel. Notice that decline from 0.7382 was made by three waves so it's a corrective move that is pointing higher now for wave (v) towards 0.7450-0.7500 area. Invalidation level remains at 0.7087. AUDUSD, 4h

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