FX:AUDUSD   Australian Dollar / U.S. Dollar
68 0 1
Price making pressure to the support line of the channel, hopping price doesn’t go below 88.6% BC             Fibo retracement and determinate that we have a Bullish ABCD pattern. If I take de X point into the harmonic analysis, the projection is for a Bullish Shark , placing the point D near of 0.3088; it’s hard to believe that it’s going to happen if I consider the channel. For now, I prefer to observe the ABCD pattern formation.

Keep bearish in the short term.

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