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#AUDUSD may run into resistance - Don't buy NOW

Panjang
Dolar Australia / Dolar A.S. (FX:AUDUSD)  
SureFire_Trader  
FX:AUDUSD   Dolar Australia / Dolar A.S.
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
It may appear Aussie is reversing strongly to the upside. But be careful. The price could likely come under pressure at around 0.760 - 0.765 area and then drop. Expect to see price challenging 0.741 low and drop towards 0.735 or lower. That will be my buy entry (+500 pip potential). Definitely this is the trade I am watching closely for a nice long entry. Please do visit my website for more trade news.
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