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