ew-forecast

Elliott Wave Analysis: AUDUSD Breaking Higher

OANDA:AUDUSD   Dólar Australiano/Dólar Americano
AUDUSD has finally turned up after very deep, slow and overlapping price action, that we see it as wave 4). This leg now appears completed after recent break out of a downward channel that we see it as start of a new leg up; wave 5) back above 0.8070.

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

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