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Short

AUDUSD bear flag 4th wave correction

FX:AUDUSD   Australian Dollar/U.S. Dollar
44 0 1
Similar story for AUDUSD             . The difference is that on a bigger scale, we are in a impulsive down trend, and this pair is less sensitive to Greece drama compared to EURUSD             . I thought the bear trend would resume in US session but the intraday triangle got broken and I switch to bull . If the coming leg up is the final one, it could potentially be very stretchy. The upper bond to valid a 4th wave view is 0.75250, but I see 7500 even number to be very strong resistance.
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