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Phils_Ocean

AUDUSD 4H Wave Analysis I LONG

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Dollar Australia / Dollar AS (FX:AUDUSD)  
Phils_Ocean  
FX:AUDUSD   Dollar Australia / Dollar AS
Trend Analysis Elliott Wave AUDUSD
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trendanalysis elliottwaves audusd
  • After completing the correction around the 61% Fibonacci level, market made its first impulse to the upside
  • Currently in corrective mode, but the fast move to the upside should continue really soon
  • This will be a fast one, as we are in Wave 3 of Wave 3

Have a look at my EURUSD Analysis to see the consequences of the dollar devaluation

EURUSD Wave Analysis I Get ready for Wave 3

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