FX:AUDUSD   Australian Dollar / U.S. Dollar
  • AUD/USD made nice 5-wave structure, which can be labelled as wave 1
  • New higher high has been made
  • Currently in complex correction
  • Waiting for impulsive end of correction around horizontal support
  • Support lines up with 50% Fibonacci retracement
  • Wait for 1h/4H price action signal to enter the market
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