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AUDUSD: The First Move is Done! More Weakness is Expected

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
KlejdiCuni  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns Wave Analysis Trend Analysis
59
16
chartpattern waveanalysis trendanalysis
AUDUSD: The First Move is Done! More Weakness is Expected

From the previous analysis the price already reached the first target.

USD seems stronger after FOMC and the bullish volume pushed the price down
further by breaking in this way the support trend line of the wedge pattern.

More weakness is expected during the coming days considering that all
the important events already finished.

Targets on the chart!

Thank you and Good Luck!

Previous Analysis:
AUDUSD Seems Poised For Further Weakness After FOMC
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