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Senex_FX
Mar 15, 2017 3:14 PM

aud/usd -- still looking down Short

Australian Dollar/U.S. DollarFXCM

Description

5 waves down for A completed, looking for a 3 wave bounce to sell for the second part to complete D of the larger triangle

Comment

A break of the November 2016 high will see AUD/USD move up towards 0.8500, invalidating this count and the other bearish counts. The overall larger bear pattern is now in question for a bigger correction towards 0.85.
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