[B]My picks:[/B] limit order to short AUDUSD in halves at .7980 and .8040 (average price .8010), against .8165, target TBD
[B]Expertise:[/B] Technical
[B]Average Time Frame of Trades:[/B]
The AUDUSD short term pattern is the clearest of all the USD crosses. The decline from .8162 is an impulse (5 waves), which suggests that the larger decline has turned down. There is potential resistance at the former 4th extreme above .8000.