AUDUSD longterm view Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ May 2, 2023 3:28 PM

The Aussie is likely to retest the 2001 and 2020 lows, but a break does not seem likely at this time. It rather looks as if it should then go from here again in the direction of the high at 1.111 from 2011.

Elliott Wave