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AUDUSD - Equal Measured Move 🎯

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
WicktatorFX Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis AUDUSD EURUSD DXY DJ FXCM Index aud Elliott Wave swingtrade XAUUSD Contains image
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trendanalysis chartpattern waveanalysis audusd eurusd dxy usdollar aud elliottwaves swingtrade xauusd containsimage
AUDUSD has recently broke down out of an ABC correction. We are now in the impulse phase, which is made up of 5 waves. We've seen wave 1 and now currently in wave 2. Expecting the a big wave 3 very soon.

Trade Idea:
- Watch for rejection of fib levels for a risk entry
- For a safer entry, watch for the break of the red ascending trendline
Targets: 0.67 (310pips), 0.63 (700pips)

Goodluck and as always, trade safe!
Comment:
Previous setup

VIP - AUDUSD - SHORT
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