Analysis

AUDUSD Poised For 200+ Pip Move Lower

Good morning traders.

It requires a fair amount of patience, but AUD/USD seems very likely to be setting up for a nice 200+ pip move lower.

  • Wave 4 triangle = sideways chop - traders worst scenario – don’t get head faked.

  • A break lower below .7385-.7350 points towards .7200-.7027

 


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