FX:AUDUSD   Australian Dollar / U.S. Dollar
* Historically Price has ranged from 587 to 408 pips..
* Previous bounce has been from .618 fib to .786
* which suggests that next bounce
we can expect to be between those numbers..
* The Harmonic is a key area
where produce may bounce and where we should look for an entry
* This will then make the proceeding Higher Low
to respect the current structure
of the uptrend channel
* any shorts should bear in mind this level and the exhaustion of the trend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.