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Elliott Wave Analysis: AUDUSD Trading In Wave Two

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ew-forecast  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD Elliott Wave correction impulsive
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2
audusd elliottwaves correction impulsive
AUDUSD made a nice reversal last month from the 0.7525 level, clearly with an impulsive price move which is an important structure for a bearish trend. As such, we think this trend may continue after a three wave bounce up into wave two which in fact can already near completion as 0.7278 is not far away.
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