AUDUSD 60M getting ready for a move down

AUDUSD after a tremendous bout of bullish strength, price is due for a correction. Currently the price action is moving correctively to the upside, showing signs it's ready to head lower anytime soon. The move down will be a very welcomed one as I am very bullish long-term on this pair (see prior analysis). A correction lower will provide an opportunity to add to my long position. Will pay particular close attention if price makes it all the way back down to .7000 handle.

If you'd like to be in the loop on even more stellar setups just like this one including how our free community took advantage of a 1,700+ PIP MOVE that was posted in advance join our Free & Friendly Telegram Channel @ t.me/PriceActionNationFREE

#PriceActionIsKing!

Trade with care my friends! :)
channel-breakshort-termshorttradeTrend AnalysisWave Analysis

Disclaimer