Elliott Wave Analysis: AUDUSD Overlook 

intraday audusd

Gregor - Author BIO photo


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.


intraday audusd


Disclosure: Please be informed that information we provide is NOT trading recommendation or investment advice. All of our work is for educational purposes only.



By Gregor Horvat

Find more: Contributing Authors

Leave a Comment

Broker Cyprus TopFX