Hi Traders,
If the AUDUSD stops below 0.9322 (as it seems) this would cause the currency to test again the previous low and move even lower.
TARGETS:
likely: 0.8997
possible: 0.8877
maybe: 0.8578
ELLIOTT WAVES
The daily chart shows that the 5fh wave down is still missing. In the 4-hour and 1-hour chart the AUD seems on the way down to complete wave 5.
monthly chart, click to enlarge
If the AUDUSD stops below 0.9322 (as it seems) this would cause the currency to test again the previous low and move even lower.
TARGETS:
likely: 0.8997
possible: 0.8877
maybe: 0.8578
ELLIOTT WAVES
The daily chart shows that the 5fh wave down is still missing. In the 4-hour and 1-hour chart the AUD seems on the way down to complete wave 5.
monthly chart, click to enlarge
weekly chart, click to enlarge
daily chart, click to enlarge
4-hour chart, click to enlarge
1-hour chart, click to enlarge
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