Walktheline

Potential Bullish Bat on AUDUSD

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
There's a chance of a Bullish Bat forming on the Aussie. B is exactly at the 38.2% retracement of XA, BUT there is also the possibility of a Wave 4 forming around this level, so watch for a break of the B point, which would signal a greater decline.
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