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cyclewave

AUD/USD (AUDUSD) - Choppy price action of 4th wave

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
cyclewave  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Elliott Wave Multiple Time Frame Analysis Trend Lines
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elliottwaves mtfa trendline
AUD/USD ( AUDUSD ) is in 4th wave correction as ABC flat possibly.
It completed 3rd wave in subdivision of impulse. Now it is in C wave correction of 4th wave, so stay short for last cycle of 4th wave, which probably finishes near channel support. Buy after that to get new high of 5th wave cycle.

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