FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
I'm seeing the start of wave 3 of a corrective wave C starting based on my Elliot Wave count.

Why I think that!

1. Corrective wave A and B clearly moved in a 3 waves
2. This means wave C has to be a 5 wave move. (3-3-5 Flat)
3. The start of wave C is confirmed by the impulsive 5 wave up
4. Wave 2 of C has retraced to 0.618 with the start of wave 3 happening

Please feel free to comment and share you thoughts



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