7pasos
Short

Still chances for a little bit lower

FX:AUDUSD   Australian Dollar/U.S. Dollar
271 6 0
2 days ago I published a elliott wave count that shows that the AUDUSD             won't stop at 95 and the chances were more in favor to a decline to 93.
The strong bounce from 0.9436, I think imply the posibility that the price is extending as well the 5th wave (in this case wave v) ), therefore we see the movement to the actual low more probable as wave i of v) and not the end of all wave v),
If this wave i) ends to be the most extended, the chances are even to a greater decline. And at least till 0.9317, as you can see (thinking that wave 1 will be as big as the movement from ii till v)
Can you re-analysis of ? Where go Up or Down ?
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7pasos PRO tuanatuba
Well as I stated the last time still need to develop more the price to have a more clear outlook but as far as now, the upside movement can't count it as an impulse (as far as now) patience we should have.
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Even when is possible to see more down side movement think the todays lows are the best choice for riks reward balance (between risk loose the gained and earn a bit more)
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0,80 - 1,10
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alivsm alivsm
0,98-0,80-1,10-?
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?
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