Elliot Wave For AUDUSD

FX:AUDUSD   Australian Dollar/U.S. Dollar
133 0 0
The impulse wave 3 is currently in view. However RSI (14) indicates that the pair is oversold, so we expect to see the pair correcting in the form of wave 4 after which downtrend may resume to 0.89. Our count will be invalidated if the pair breaks above 0.9328.