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Elliott Wave Analysis: AUDUSD Breaking Higher

Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
ew-forecast  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis AUDUSD Elliott Wave correction impulsive
11
4
trendanalysis chartpattern waveanalysis audusd elliottwaves correction impulsive
AUDUSD has finally turned up after very deep, slow and overlapping price action, that we see it as wave 4). This leg now appears completed after recent break out of a downward channel that we see it as start of a new leg up; wave 5) back above 0.8070.

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