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EURAUD - Correction higher before resuming downside move

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Euro / Dollar Australia (FOREXCOM:EURAUD)  
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FOREXCOM:EURAUD   Euro / Dollar Australia
Trend Analysis Wave Analysis Beyond Technical Analysis EURAUD short pending riskreward
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trendanalysis waveanalysis beyondta euraud short pending riskreward
We finished a 3 waves correction at 1.6357 before seeing price come down hard & fast in a impulsive manner to 1.5360.
We can count those 5 waves down, meaning we are now in a correction higher before resuming this downside move.
(See daily chart)

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