AUDUSD - 600pips down! Whats Next? 🎯

2 Eki 2022

Our last AUDUSD resulted in a perfect 600pip drop! However, the drop is not over. Expecting one final wave lower before we reverse.

What we're looking for right now is for AUDUSD to go a little lower and then move up for the 4th wave. This wave should be a correction and we can mark it up and enter for the final 5th wave lower.

Trade idea:
- Watch for wave 4 correction to appear
- Mark up the correction
- Watch for the correction to breakdown by using a trendline, BOS etc
- 4th wave should stay below the blue structure
- Targets: 0.6050

Goodluck and as always, trade safe!

See below for our last AUDUSD analysis

2 Eki 2022

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