AUDUSD Short: Ready for Correction?

11 thg 8, 2016

AUDUSD has broken a bullish TL on 15m APRR in addition to forming an APRR Wolfe Wave on the 1HR timeframe. This may be an opportunity to short the break of the curved wedge. A support/resistance zone sits above price to protect the SL with target at the predicted 59p drop correlating with the missed daily pivot from 8/10.