AUDUSD Wave Analysis

Please give this idea a LIKE if you find it helpful :)

AUDUSD is in a downward channel for quite some time now.

We formed a triangle with an ABCDE-Pattern which is Wave 4.

In the last sessions we broke out of the triangle and formed wave 1 of the last wave 5 to the downside.

Currently Price is correcting to channel line, and the breakdown should start soon.



This is no Investment advice. Just for educational purpose.