AUD is not a buy now. Period.

Short

AUSTRALIAN DOLLAR / HONG KONG DOLLAR (FX_IDC:AUDHKD)

FX_IDC:AUDHKD AUSTRALIAN DOLLAR / HONG KONG DOLLAR

trendanalysis waveanalysis harmonicpatterns audhkd audcad audusd audgbp audjpy audlong audshort forecasting

I think we need aud to drop a bit more before we can enter in a buy position with it as the RSI is getting a bit overvalued and also it broke down of its wedge pattern. What do you think? Leave your comments and likes below. WARNING! I am not a financial adviser and take this advice with a grain of salt. Tell me what I should analyze next!

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