On a Higher time frame "C" Wave is unfolding.
Still, this pair is in the 4th wave of the ''C" wave as I have mentioned on the chart.
Fibonacci 38.2% is nearly 0.72100.
I am expecting the 4th wave may give a correction between 0.71800 and 0.72300
and the 5th wave is expected near 0.68. so we are not yet in Bull.
We may see a fresh Up rally in the second half of the year 2022.
#AUDUSD
Still, this pair is in the 4th wave of the ''C" wave as I have mentioned on the chart.
Fibonacci 38.2% is nearly 0.72100.
I am expecting the 4th wave may give a correction between 0.71800 and 0.72300
and the 5th wave is expected near 0.68. so we are not yet in Bull.
We may see a fresh Up rally in the second half of the year 2022.
#AUDUSD