Khumalo_p

AUDUSD Short term upside!

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is completing the last leg of a 3 wave correction in the minuette purple degree, we called at the end of November 2021. The correction should take AUDUSD higher to about 0.73200, that is if we do not get a short leg (c) which can terminate at about 0.7250 (61.8% extension). At 0.73200 we should start looking to sell the AUDUSD for mid-term downside which should see the pair breaking well below the 3rd December 2021 low of 0.699, taking the pair as low as the 0.6700 areas.