AUD/USD may have one last bearish push.
Technicals:
*A clear impulse and correction taking place.
* For those bullish on this pair you may be saying we are having a higher low. But The correction of the recent push exceeded the maximum retracement level of 0.786%.
*I will be looking this week to short this pair after the small correction is over.
*In the last impulse the retracement hit the .786%. So i will be looking for one more good push down before any bulls come out of the pin.
*A clear impulse and correction taking place.
* For those bullish on this pair you may be saying we are having a higher low. But The correction of the recent push exceeded the maximum retracement level of 0.786%.
*I will be looking this week to short this pair after the small correction is over.
*In the last impulse the retracement hit the .786%. So i will be looking for one more good push down before any bulls come out of the pin.
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