Trader, analyst and instructor with a 6-year experience

AUD/USD: wave analysis (Mar. 17)

Roman Petuchov for FX BAZOOKA

Weekly. Global corrective wave [b] is finished. A new rising trend is being formed now. 

Daily. In the near term we expect a corrective decline in a wave (2). See the Н4 chart.

H4. Bearish correction (2) is being formed. This wave is likely to form a zigzag. The C bearish impulse is likely to be followed by growth. 

Scroll to top