It seems like AUDUSD needs another leg lower for wave C on the daily time frame. Once that leg is in place we might see an amazing buy trade opportunity. Lower time frame structure will suggest what to expect in the short term.
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Note
Let's see whether we see that next leg higher for a potential wave 'C'. Keep in mind structure = impulse-correction-impulse. We need therefore confirmation but this is my preferred scenario. Updates will follow. Safe trades!
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I am still looking for wave C to complete. Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.