Long AUD/USD

Updated
The price retracted, but not break through the short term up trend channel and the big side-way channel.

The price already moved out from the middle term down trend line.

There would be the third wave and fifth wave to South.

Maybe open long trade in multiple support positions to lower the risky.

The ideal take profit position could be in the big side-way channel top line area.
Trade closed manually
Close with loss, the price go to south and breakout the short term up trend channel bottom line.
Note
Instead of long AUD/USD, it possibly needs to consider short AUD/USD soon. Since EUR/USD already break out to South. Short AUD/USD
Technical IndicatorsTrend AnalysisWave Analysis

Disclaimer