ashawni

AUDUSD potential long term buy

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
After the completion of the elliot wave 1-5 cycle, i am now expecting the corrective abc pattern to form before the impulse into the new cycle.
A strong rejection of the fib level on wave 5 indicated strong buying power into the corrective phase,as seen by the potential flag setup to continue the upside movement.