AUDUSD- End of move down?

14 May 2017

Hello, If you take a look at the pair, it moving nicely within the pattern. More likely it's going to hit the bottom before moving upward. So as far as it remain below the inside trendline it will have positive chances of hitting bottom and then it will climb up! If it breaks the trendline before hitting the bottom then we may likely to see a retracement move but just for a shorter period.

Trade according to your own strategy!
Goodluck

1 Haz 2017

Not

A nice fall started again after a lower correction!