ElliottWaveBelgium

EURAUD - Correction higher before resuming downside move

Short
FOREXCOM:EURAUD   Euro / Australian Dollar
We finished a 3 waves correction at 1.6357 before seeing price come down hard & fast in a impulsive manner to 1.5360.
We can count those 5 waves down, meaning we are now in a correction higher before resuming this downside move.
(See daily chart)

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