Long term opportunity in AUD/USD, should expect ~30% down trend
1. Upward move started in 2016 is loosing steam. 0.81 seems to be a ceiling. New high in Jan18 hardly exceeded the previous in Sep17.
2. That wave has a corrective structure with a lot of overlaps and significant difference from the previous motive waves downward started in mid 2013.
3. Clearly the next significant move down is coming and possibly happen very soon, may be this month.
4. DXY confirms the idea, turning north.
Wait for a the correction wave 4 channel break and join the big game.
2. That wave has a corrective structure with a lot of overlaps and significant difference from the previous motive waves downward started in mid 2013.
3. Clearly the next significant move down is coming and possibly happen very soon, may be this month.
4. DXY confirms the idea, turning north.
Wait for a the correction wave 4 channel break and join the big game.
