AUDUSD is on bearish foot this week with some nice bearish structure seen on intraday chart that looks impulsive. As such, we expect a new low soon, probably today to accomplish blue wave one near 0.7350. We will look towards that level as long as 0.7445 is not broken.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
Please check this idea bellow:
Sincerely,
Trader.