OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD made a clear bearish impulse wave on D1 time frame which wave 5 happens to be extended. Wave 5 extention is 161.8 of Wave 1 to Wave 3. This also coincide with the completed shark pattern region and also supported by a trendline on daily time frame. Price is expected to rise towards 0.78000
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.