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AUDUSD >Advanced Analysis for Buy Entry!!

Long
OANDA:AUDUSD   Australischer Dollar/U.S. Dollar
Analysis of #AUDUSD

Hi traders, today we will have a look at #AUDUSD


The AUDUSD might be in corrective waves before resuming a move to the upside, while I am no expert in Elliott wave theory, I have some basic knowledge of the waves.

the market might continue correctly downward to complete the ABC correction wave, the best move would be if the market corrects to complete an equal move to the downside near 0.6600, which is Fib 1 Extension.

if the market drops further to my zone I will look for a reversal pattern on the lower time frame to get in a buy trade in anticipation of a further move to the upside

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