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Elliott Wave Analysis: AUDUSD Intra-day View

Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
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OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis AUDUSD Elliott Wave correction impulsive
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trendanalysis chartpattern waveanalysis audusd elliottwaves correction impulsive
We see AUDUSD trading at the end of a temporary correction of wave four. Ideally Fibonacci ratio of 50.0 will offer some resistance and a new drop lower, into final wave five. A new five-wave drop can later then unfold within the blue wave five.

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
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