We see AUDUSD trading at the end of a temporary correction of wave four. Ideally Fibonacci ratio of 50.0 will offer some resistance and a new drop lower, into final wave five. A new five-wave drop can later then unfold within the blue wave five.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
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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