AUDUSD has started a near term bearish move falling from 0.74405

AUDUSD has started a near-term bearish move falling from 0.74405 since 2022-03-07. This pair will continue to move down due to many fundamentals surrounding it. From a technical analysis perspective, it has completed the first down move (impulse 12345). among the corrective phase, wave C is also having some impulse characteristics. it is so straightforward. Short positions may be at CMP with the target at 0.7066 and stop loss around 0.7372. Implementation period: 7–10 days.