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Justice_fx
20 maj 2020 14:15

My analysis on AUDUSD. An opportunity to LONG. Long

Australian Dollar/U.S. DollarFXCM

Opis

Using the elliot wave theory, I envisioned the future price movement for this pair. As a conservative trader I will wait for a complete breakout of the resistance line(zone) to make the new wave 1 and wait for retest which is the new wave 2. Then we can go bullish on this trade. Entry will be 0.65873 and possible exit will be 0.7000.
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