traderWgun
Short

AUDUSD bearish view

FX:AUDUSD   Australian Dollar/U.S. Dollar
225 0 0
Last weeks spike below the 1.0150-daily support confirms that there is more downside.
now it looks like we have had an a-b-c correction and should be looking lower.
Next wave could take us to fibo extensions of 1.0050 (1.141%) 1.0000 (1.236%)
.9900 (1.414%) and .9820 (1.618%)

AUDUSD             could be showing a ending diagonal. A break out would test former res
at 1.0270. If the trendline holds we could see a new high or a test of todays high.
RSI and stoch RSI is showing potential for a swing lower.
Sell agianst 1.0430 and look for 1.0050 and 0.9950
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