xiaoT

AUDUSD may brewing the wave 5

FX:AUDUSD   Australian Dollar/U.S. Dollar
61 2 1
Technically speaking, the prior four waves had been nicely bulit-up. And right now, the aussie is well supported by ascending trend-lien support around 0.75484. If it holds up, the next target will be the spot around 0.79322-0.80520( 23.6 & 38.2 fib). After these five waves are completed, we could start to find attractive position to enter short. In the meanwhile, we will stand aside and see how this is going through over the next several days.
I like your count here....
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xiaoT peterdcharlebois
Thanks man!
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