KarYong

2017 Week #2 - AUDUSD Short Bias

Short
KarYong Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
2016 has been a year of correction for the Aussie, and going into 2017, we expect the correction to complete with a push up towards 0.8105.

Price is near the completion area of an internal ABC structure around 0.7060 - 0.7090, where we expect price to head higher towards 0.8105.
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.