AUSSIE/DOLLAR - A close up at ABC correction.

FX:AUDUSD   Australian Dollar / U.S. Dollar
The long-term bearish movement is having its moment of correction. An ABC appears to our eyes and clever traders are already going short. MACD indicator shows a divergence and hints an exhaustion of the correctional wave may be around the corner.

InsideMarket subscribers shorted AUDUSD since $0.73 and already took some profits. The runner (special lot for trendy markets) is surfing nicely this aussie wave!

Happy trading!
Nice count mate! Will you entry one more time on this opportunity or stick with the original plan? Good luck :)
+1 Reply
InsideMarket Piet.Hein
I see an opportunity to short again, for sure! For now it 's just a matter of trading criterias to perform it.
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