ew-forecast

AUDUSD : Upside Can Be Limited Near 0.718-0.720

FX:AUDUSD   Australian Dollar / U.S. Dollar
On the intraday chart of AUDUSD, we are still tracking a complex corrective pattern in red wave (B), that could be in late stages. as wave Y of a second zig-zag can be near completion. That said there is still some room for wave Y to fill. Price could reach 0.718- 0.719 area before turning to the downside.

Our past updates on this pair :

Elliott Wave Service
👉 www.wavetraders.com
👉 Newsletter Sign up: bit.ly/3FVPVzO
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.