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 :
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update pls
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What is that retraction all about? Strange...
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That would probably synchronize with more Gold weakness although not sure why the correlation isn't as prevalent anymore
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TomPower TomPower
Showing weakness
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