AUDUSD: Harmonic Movement & Bearish Forecast

By VasilyTrader
snapshot

AUDUSD retesting the recently broken trendline.

we have a very nice match between a horizontal structure, projected harmonic movement completion and the above-mentioned trend line.

based on that the price may drop lower.

intial target : 0.6966



p.s a lot of fundamentals today! no matter what is your view on market atm, try to trade with trailing stop to catch a big winner.
good luck
audAUDUSDaustraliandollarCurrenciesFibonacciForexfxHarmonic PatternsTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)
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