fortunamarkets

AUD/USD aimed for 0.635 (3/26/2024)

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello Traders

AUD/USD moving down in 5 Elliot wave impulse waves.
After the first 5 wave impulse, AUD/USD made an ABC correction.
Afterward, we faced a big drop in AUD/USD indicating that the price desires lower levels and has started another 5-wave impulse.
So we believe every correction is a sell opportunity for this pair.

Our technical view has been shown in the chart.

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Thanks For Reading
Team Fortuna
-RC

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