FullTimeTrader

AUDUSD-rejecting from 0.7500-wave 3 unfolding

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
14
I see a nice combination of technical and EW theory.
Technically, the price is rejecting from the 0.75000 round level.
According to EW theory intermediate wave 3 red is unfolding, the strongest impulsive one.

Stop loss above 0.75000

First target is 1.61 fib extension
Last target would be near 0.7000

Trade carefully and do always your own analysis.
This is not a signal service.

Happy weekend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.