AUDUSD : Correction Within Uptrend

13 באוק׳ 2015

AUDUSD is trading higher with a sharp impulsive manner that already took out 0.7280 swing high. It suggests that leg from 0.6936 is impulsive so we need five waves up. For now that's not the case yet so uptrend will continue after three wave set-back in blue wave (iv) that can find a support around 0.7240-0.7280 this week.

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