AUD/USD Starts 5th Wave

Aussie Dollar is reaching has flipped to the down side (Wave 5 start) off the 61.8% of the last down swing (Wave 3) over the long term (a few weeks) we are expecting to see $0.72 down to $0.7170.

Next week we will experience US Bank Holiday - Memorial Day (May 29th) and on June 2nd (Non-Farm Pay Roll). Expectation is is low until the following week.

The Aussie dollar has been in the $0.77 to $0.72 Dollar range since May 23rd of 2016.
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