AUDUSD - Accumulation, Are we in Spring Yet? (No)

Australian Dollar / U.S. Dollar (FX:AUDUSD)

FX:AUDUSD Australian Dollar / U.S. Dollar

waveanalysis trendanalysis audusd wyckoff

Chart: AUDUSD on a 12h timeframe

We had a nice markdown, followed by a fairly high volume Selling Climax (SC) and Automatic Rally (AR)
Seems our Selling Climax Support line has not yet been breached yet, thus Spring is not in yet

Based on this AUDUSD probably will continue sideways for a couple of more days.

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