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AUSSIE/DOLLAR - A close up at ABC correction.

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
InsideMarket  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD aussie dollar Elliott Wave insidemarket waves analysis Weekly Charts Daily Charts 240min 120min
5
2
audusd aussie dollar elliottwaves insidemarket waves analysis weekly daily 240min 120min
The long-term bearish movement is having its moment of correction. An ABC appears to our eyes and clever traders are already going short. MACD indicator shows a divergence and hints an exhaustion of the correctional wave may be around the corner.

InsideMarket subscribers shorted AUDUSD since $0.73 and already took some profits. The runner (special lot for trendy markets) is surfing nicely this aussie wave!

snapshot


Happy trading!

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