LiteForex - Analytics


796.75 8.25/10
77% of positive reviews

AUD/USD: Wave analysis on 11.03.2015

The AUD continues to fall. The fifth wave of a long-term bearish impetus continues to develop on the daily time-frame. Only the third wave (3) of 5 is currently nearing completion. If this assumption is correct and the price does not break the critical level 0.7846, it's logical to expect the pair to drop to the levels 0.7480-0.7400 within the third wave (3).


To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree