Like most of the markets, AUDUSD
has been moving sideways into a corrective structure during the last week, but most likely we should have action in the upcoming. If price keeps moving up will soon complete a bearish ABCD
& a bearish gartley
comleting at a key level ( upper parallel of a long term fork)
So at this zone (D points of the patterns) we should watch for a sell setup.
On Monday i will host a webinar analyzing all forex markets for potential setups in the upcoming week. You may register using the link below: