Elliottwave Analysis: AUDUSD, sell at market, add at 0.7485
|AUDUSD closed below daily Ichimoku cloud.
For now short term, medium term and long term trend all point down.
From an Elliottwave perspective, further downside toward 0.7300/0.7298 could not be ruled out.
All these information could be translated into a strong sell signal.
Any bounce toward 0.7500 should be sold into against H4 upper bands.
Daily support levels: 0.7418 0.7410 0.7395
Daily resistance levels: 0.7466 0.7484 .7502
AUDUSD Trade Idea: (spot 0.7438)
①Sell @ markert SL 0.7565 Take Profit @ 0.7369
②Sell @ 0.7485 SL 0.7565 Take Profit @ 0.7369
Intraday Trade Idea:
Sell Latentinterest Order: 0.7466
Buy Latentinterest Order: 0.7395
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