EWFcw

AUDUSD - Elliottwave analysis - 5th wave in progress

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD - It is in 4th of 3rd of 5th wave correction in 1 hour time frame, which expected to go higher for 5th of 3rd wave up. The over all cycle will require two more cycle up to complete the cycle. So it would be buy in three wave pull back as sideways correction for higher high as target as shown in chart.

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