AUDUSD - wave i arrived

Australian Dollar/U.S. DollarFXCM

Description

⋅ Oct 27, 2016 7:34 AM

Wave i arrived, so there's an option to have a local correction. Anyway, bears are likely going to deliver wave iii of (iii) afterwards.

Comments

henryMob

⋅ Oct 27, 2016 7:37 AM

Thanks Ignat. Do you have an update on AUDNZD if wave ii is done?

ElliottWavePro

⋅ Oct 27, 2016 7:39 AM

Now it looks like we've got just a zigzag, so I'm currently out of the market on AUDNZD

TheBanker

⋅ Oct 27, 2016 7:35 AM

maybe .65 L/T

ElliottWavePro

⋅ Oct 27, 2016 7:36 AM

Absolutely could be )) It's my favorite fx pair so far, because of the amazing triangle on the Daily chart ))