Elliott Wave Analysis: AUDUSD Reaching For New Lows; Price May Slow Down For Wave 4
May 12, 2016 at 05:12 AM EDT
AUDUSD has fallen very aggressively last week from 0.7720 that appears to be wave three of an impulsive decline, so we need to consider the idea that top is in place and that big downtrend continuation is in the cards.
