IQ

AUDUSD corrective structure possible?

IQ  
FX:AUDUSD   Australischer Dollar/U.S. Dollar
Hello traders! AUDUSD             at this moment is on the TOP of the daily channel! We are in a powerful UP trend now. In order to continue the UP move, we need to see a corrective structure first, and a slow pullback up to 38.20% fib. A trend reversal will be possible at this level only if we get a strong down impuls, based on the DXY             strength. Don't jump into the first red candle, first wait for a corrective structure before entering short. Follow me for future updates. TRADE WITH NO EMOTIONS!
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