Phils_Ocean

AUDUSD 4H Wave Analysis I LONG

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
  • 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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.