FX:AUDUSD Australian Dollar/U.S. Dollar
Price appears to be correcting in a wave iv. Heavy fib between .92566-.92910. Wave ii correction was relatively deep. so I expect this one to be more shallow with lots of consolidation. Probably will false breakout of the upper channel formed by projecting from wave i to wave iii from wave ii. Wait for price to enter reversal zone and look for candle/bar patterns to trigger short for the last leg of this impulsive move down. Cover quick near 0.91900 as I expect the pattern to go into a higher degree correction.