Check out the long time prognosis 3 month ago. Look for reversal in green areas!
there could be a triangle developping this should be the last part of the big ABC correction. I expect the breakout to the south and a continuation of the big downmove
Blue: wxyxz, correction not ready (strong supply at 1,27 not reached Orange: Correction ready (abc)
AUDUSD seems to be in a flat correction, which i'd prefer to go to at least to the 61 fib, but more likely to the 76% fib level. I'd like to see the reversal to the upside in the green triangle.
look at this nice box right at demand, there are two outside candles in NY and London session. Banks are buying? Wait for Break out.