Australian Dollar / U.S. Dollar
Long
Updated

AUDUSD update: looking like a triple correction

248
This is an update for this idea
Higher in a complex manner


We completed wave Y at the .7252 level and then turned lower in a corrective manner
towards the 50% fib retracement level of wave Y, from where wave Z started.

We will probably go a bit higher today, before seeing a correction of wave A of Z.
From where we could buy (or rebuy) AUDUSD against the invalidation level at .710,
for a move up to the target area between .732 and .739.

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Good luck!
Trade closed: target reached

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