AUDUSD Weekly Analysis >>> Prepare for The Strong Bearish
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AUDUSD made a small sideways movement, may be a ABC Corrective Wave in Elliot Theory, AUDUSD will continue it downside movement after finish it's correction and break the support level
My forecast, AUDUSD will be bearish to minimum 0.71100 High Potential for AUDUSD to break the yellow support level and bearish to around 0.70200
The Fibonacci ratio show it's cluster at 0.786, 1.272, 1.618, 1.414, and 0.618 will be the turning point area
With time geometry, we see that price probably make a turning point around November 30th 10:00 UTC marked with the blue vertical line 2.5 Fibonacci Time Zone
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.