AUDUSD – update
Australian Dollar/U.S. Dollar FX:AUDUSD
I reassessed the structure, marking the current move as still a corrective one, being the fourth wave of a larger impulse down.
Will experience further weakness for audi as soon as it reaches the border of a channel and the resistance zone – minor wave 4 of the minor degree, projected channel and the fibo levels for the wave (4) retracement within the whole move.