AUDUSD did not move much recently, so our view remains unchanged; we still see pair making a corrective set-back in wave B which is now trading into some interesting Fib. Support zone with sub-wave c, here at 0.7579 area. We think bounce may occur from here, but keep in mind that wave C leg may occur only if price crosses above 0.7620, which would be a confirmation of a completed c wave.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
Nice. but i think the b "small" is in wrong place .
ew-forecast
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@kicklink, you mean the blue sub-wave b at 0.7644? Well nonetheless, what matters is that wave C showed up and made a new high and nicely reversed lower away from 0.7654 level.