TradingSutra

AUDUSD: Corrective sequence

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Keeping SL of 0.71852 one should go short on AUDUSD for tgt of 0.70550. It looks like pair is corrective in a three wave fashion after formation of a leading diagonal.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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