TimStuyts
Long

AUDUSD potential correction

FX:AUDUSD   Australian Dollar / U.S. Dollar
169 2 7
The AUDUSD             is about to start a correction. Price reached a major zone determined a long time ago shown by means of the blue dotted lines. We see a lot of divergence but that's only an indication. If price breaks lower the whole potential reversal process will start all over. However I like to see this price action settle for a significant consolidation which will present at least an short term buy trade. If it makes another bearish impulse we need to adjust short term and look for the next consolidation.

updates will follow

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Agreed brother
+1 Reply
great I will try to catch that trade
+1 Reply
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