Bears can expect the Forex pair AUDUSD to stay bearish in days ahead. As wave three is an impulsive in nature we can see sharp bearish move in the market towards 0.7250 - 0.7130.
AUDUSD 4h Elliott Wave Analysis Chart
Tuesday, May 9, 2017
Forex Pair AUDUSD Seems Bearish Targets 0.7130 Price Level
Aussie #ADUSD fell sharply last week. The price action of AUDUSD indicates that wave three is in progress. Wave two seems completed at 0.7558 level with normal running flat (a corrective Elliott wave pattern).
Bears can expect the Forex pair AUDUSD to stay bearish in days ahead. As wave three is an impulsive in nature we can see sharp bearish move in the market towards 0.7250 - 0.7130.
Bears can expect the Forex pair AUDUSD to stay bearish in days ahead. As wave three is an impulsive in nature we can see sharp bearish move in the market towards 0.7250 - 0.7130.
