Dollar index seems to be bearish in the next month as well.
The minor channel has broken but the price did not make a lower low. is the price gonna retest bigger channel again? if the market rally and enters the minor channel, could be nice to stay in long.
From here i will be looking for a buy opportunity since there is a pretty double bottom appeared. i will confirm a buy along with a bullish candlestick pattern after crossing 50 EMA.
i will be shorting AUDUSD unless it crosses 0.73400 which is the resistance of current triangle, looking forward until market completes correction @ 0.724/22
waves show more decline after the correction based on gartley. we could see a correction up to 120.50/00 where i will enter the market again,
bullish crab is completed now. time to go long.
Today we may get opportunity to enter this trade
Price bounced on 1H TL and formed a bullish shark. Currently price is on a minor support.
waiting to price break down the TL and retest it..