AUDUSD rejected from downtrendline with bearish movement forming Elliot wave 4
Price is based below resistance level at 0.7200
RSI is below level 50
Price is based on HVN at level 0.7167
we r waiting price to break support level at 0.7150 and break lower edge of rising wedge pattern to open short trade
It's expected for coming Elliot wave 5 to target level 0.6925
Price is based below resistance level at 0.7200
RSI is below level 50
Price is based on HVN at level 0.7167
we r waiting price to break support level at 0.7150 and break lower edge of rising wedge pattern to open short trade
It's expected for coming Elliot wave 5 to target level 0.6925