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forexwithfred

AUD/USD - Elliot Wave Analysis

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
forexwithfred  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns Technical Analysis impulsewave beyondtechnicalanalysis correction
7
0
trendanalysis waveanalysis chartpattern technicalanalysis impulsewave beyondtechnicalanalysis correction
Completed elliot wave 8-cycle motion, There is anticipation for wave 1 to be initiated on the uptrend towards the supply zone.

Price is currently above 200EMA justifying bullish sentiment overall.

Higher lows also indicate bullish sentiment to be maintained
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