Emerging Forex Trends: What the Future Holds for AUD/USD Traders
Analysis of the Australian dollar based on Elliott waves in the long-term time frame
According to the past of the market and the completion of the 5 downward waves, the market can enter the ABC upward correction, which is currently completed, and with the breaking of the upward trend line, the market will enter the C wave, which is this wave. By default, it can be considered in 5 Elliott waves.
The main number and range is 0.66666.
The final target is 0.88888
Keep in mind that this is a long-term trend
According to the past of the market and the completion of the 5 downward waves, the market can enter the ABC upward correction, which is currently completed, and with the breaking of the upward trend line, the market will enter the C wave, which is this wave. By default, it can be considered in 5 Elliott waves.
The main number and range is 0.66666.
The final target is 0.88888
Keep in mind that this is a long-term trend
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