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AUDUSD: What The Daily Chart For AUDUSD Tells US?

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FX:AUDUSD   澳元/美元
On the daily chart, we can see that the price is pointing to the downside but as usual, we don't have to anticipate a fast move down. On a lower time frame, the price has the potential to correct higher up to 0.7495 - 0.7525 before moving down again. So on a lower time frame, the price may move higher from 130 to 160 pips. Once the price will be there we may watch for a selling opportunity with targets:0.7306 and 0.7102.

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