Forex Trading: Elliott Wave Analysis On AUDUSD



Australian dollar agaist the us dollar break above a recent increase into a circular wave C, which s part of the great corrective fourth wave that looks like an apartment. Flat patch 3.3.5 is a pattern. Anti movement direction you should send the price back to the downside after completion. He said, in spite of higher prices and traders should be aware of the price turned bearish point, where we can see already price in a red wave 5) now, the last part of the wave of C- circular that could be looking for a senior next week in the 0.7850 to 0.7950 area.


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