Bullish Scenario Breakdown

📢 Hey traders, friends, and companions!
Hello everyone! It’s been a while—about 6–7 months since my last post—and I’ve missed sharing my insights with you. I hope you're all doing well and having a successful trading week!

Lately, I’ve been analyzing the long-term outlook for AUD/USD, and I’d like to share my thoughts based on Elliott Wave Theory. As always, this perspective is shaped by the current price structure, and of course, everything depends on the strength or weakness of DXY (US Dollar Index).

🔍 Market Outlook
📌 If the DXY weakens, we could see strong bullish momentum in AUD/USD, with impulsive waves developing toward higher targets.
📌 If the DXY strengthens, then we may experience further declines in AUD/USD and other USD-based pairs.

💡 From my experience, the Australian and New Zealand dollars tend to react faster to DXY movements compared to other pairs, creating sharp and significant price swings.

🔄 Bullish Scenario Breakdown
✅ Key trigger: A strong breakout above the aggressive bullish zone.
✅ Next step: A corrective pattern, forming the base for the next impulsive rally.
✅ First Target Range: If the bullish scenario plays out, we could see price movement toward the first target zone, with potential corrections along the way.
✅ Final Thought: If the DXY shows strength, I’ll definitely update this analysis to reflect any changes.

I’d love to hear your thoughts! What’s your outlook on AUD/USD? Let me know in the comments below.

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Stay sharp and trade wisely! 🚀🔥