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aibek
Jul 24, 2015 6:01 AM

AUDUSD. reversal is sooner or later Long

Australian Dollar/U.S. DollarFXCM

Description

C hit 100% of A
Ending diagonal in 5 of C with "V" have been unfolded
We are 150 pips off the monthly trendline at 0.7155
So wait for first impulse up and then buy on correction
Comments
aibek
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aibek
I guess downmove is over
We are now at the leading diagonal of wave 1 (alternative A) which then should retrace to 78.6 fib level (preliminary 0.7267).
Then its time to buy for the long journey up!
aibek
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