FX:AUDUSD   Australian Dollar/U.S. Dollar
We are looking at blue wave 5-cirlced, which consist out of five sub waves and seems completed. That said price could now be facing a correction. When the upper channel line is taken out we will be looking at a bounce back to previous red wave (4) that is around 0.7435 area.

Link to our previous charts:
AUDUSD Remains Bearish

AUDUSD Falls Strongly For New Low


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snapshot

daigonal in 1h .. possible correction due before up
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mkdeep04 mkdeep04
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Can you find a moment to place a stop loss level or a trade? The wave-count looks good.
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