Currency

MARKET WANTS A HIGHER AUD$ THIS COMING WEEK

FX:AUDUSD   Australian Dollar / U.S. Dollar
34 0 1
Despite having an interest rate cut, the market pushed AUD higher and now is consolidating for 1 more impulse up. My wave count shows that this would be the final leg up before the HUGE fall I forecasted based on the weekly chart. I will monitor price action very closely once market gets into the box, as there is a cluster of fibonacci relationships there.
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