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AUD/USD’s Elliott Wave Technicals

By Gregor HorvatForexJun 01, 2017 10:29AM ET
www.investing.com/analysis/elliott-wave-analysis:-audusd-intraday-view-200192633
AUD/USD’s Elliott Wave Technicals
By Gregor Horvat   |  Jun 01, 2017 10:29AM ET
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AUD/USD is undergoing a sharp drop in the last couple of hours, which gives us an indication that price could be trading in blue sub-wave three as part of wave 3. As such, some temporary corrections may pop up, once blue-wave three finds a base. Price will ideally reach for more weakness and in days ahead touch Fibonacci ratio of 261.8.

30-Minute AUD/USD
30-Minute AUD/USD

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

AUD/USD’s Elliott Wave Technicals
 

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AUD/USD’s Elliott Wave Technicals

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