AUD/USD Setting up to Retest Record High; Flat Correction Scenario
by admin on Thursday, July 7th, 2011 | No Comments
The AUD/USD is consolidating after a strong swing from 1.0440 area that was developed in a 5-wave or motive-wave manner.
The RSI shows the bullish momentum intact.
It looks like we completed a 3-swing correction and could be ready for a bullish continuation.http://feeds.actionforex.com/~r/ActionForexall/~3/ksxTLLQv8JA/