AUDUSD: Correction Underway

AUDUSD finally gave up, making this impulsive incline from wave 2 lows to wave 3 highs completed, as we now see a reversal unfolding in wave 4. That said, we expect to see more upside after this a-b-c pullback is completed in wave 4, ideally around 0.73392-0.73924 area, where previous wave fours, can act as a support, thus a reversal towards higher levels.

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