Elliott Wave Analysis: AUDUSD Overlook
Elliott Wave Analysis: AUDUSD Overlook
Aussie is one of the strongest today RBA Monetary Policy Meeting Minutes. We have seen sharp move up on AUDUSD and down on GBPAUD, as well as EURAUD.
On AUDUSD we see a push up into wave five that can complete a larger degree wave 3 in the near future, so despite very strong rise there is a big chance for a new corrective set-back in sessions ahead. Ideally wave four will take price aback to 0.7800 area.
AUDUSD, 1H
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