TradingView
Walid_Aboeldahab
Oct 20, 2022 3:36 PM

Baffling #AUDUSD 

AUD/USDOANDA

Description

baffling AUDUSD

Ascent overall is puzzling so far

Test an important resistance area from 6361 to 6373

Considering that the impulsive five-wave ended at the bottom of 6170, the current rise may be a diagonal front to start a larger bullish wave

Or that the current wave is nothing but a larger correction of the fourth wave, and the next is a decline for the fifth and final wave

This is likely technically based on the recent moves

The key to the solution is to monitor the price's dealings with the 6361 to 6373 . range




More