InsideMarket

AUDUSD - The path of Aussie/Dollar.

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
This forecast assumes a bullish expectative for the following weeks. Just after the "take off" (breakout of the major 'B' wave) a small consolidation appears to draw at chart. If it is true, it can be 3 wave OR 5 wave pattern.

As long as the price plays along this forecast, more likely is the bullish momentum for the following weeks. (Check the targets for the major 'C' wave up).

Happy trading!

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Comment: 3 waves consolidation it is.

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