KhauheloKobeli

AUUSD ELLIOTT WAVE: End Of Impulse Wave

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
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The divergence in RSI suggests that the impulse wave 3 (red) is at its final stages. The correction towards 0.8806 is therefore expected before downtrend resumes. It is convenient for the bears to enter near that 0.8806 level.