Dear traders, in my last couple of AUD/USD ideas, I told you that
AUD/USD may make a big correction very soon.

As you can see, AUD/USD broke the lower TL of the support structure.
So, I expect a further drop on AUD/USD with the possibility of a
drop to 0.70 and even more.
I would be looking to sell the rallies in AUD/USD.
AUD/USD may make a big correction very soon.

As you can see, AUD/USD broke the lower TL of the support structure.
So, I expect a further drop on AUD/USD with the possibility of a
drop to 0.70 and even more.
I would be looking to sell the rallies in AUD/USD.
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Disclaimer
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.