(Time Wave Analysis) AUDUSD update
I expect AUDUSD to hit the 0.7 line and rebound in a weekly correction pattern.
AUDUSD is still trapped within the daily correction trend line of the downtrend.
To convert to an uptrend, a daily correction trend line must be created and then break above this line.
The current pattern appears to be a correction pattern, and once it is finished, it should be noted that a daily downtrend may appear again.
good luck.
AUDUSD is still trapped within the daily correction trend line of the downtrend.
To convert to an uptrend, a daily correction trend line must be created and then break above this line.
The current pattern appears to be a correction pattern, and once it is finished, it should be noted that a daily downtrend may appear again.
good luck.