AUSSIE/DOLLAR - A close up at ABC correction.

The long-term bearish movement is having its moment of correction. An ABC appears to our eyes and clever traders are already going short. MACD indicator shows a divergence and hints an exhaustion of the correctional wave may be around the corner.

InsideMarket subscribers shorted AUDUSD since $0.73 and already took some profits. The runner (special lot for trendy markets) is surfing nicely this aussie wave!




Happy trading!