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Forex AUDUSD Elliott Wave 2 October 2018

Forex AUDUSD Elliott Wave 2 October 2018

Forex-AUDUSD-Elliott...

Forex AUDUSD Elliott Wave 2 October 2018

AUDUSD 1 Hour Chart
Friday, 21 September 2018 at 10:42:00PM AEST

Aussie is coming slightly lower after a completion of a five wave rise up in c, so at least three wave set-back is now in play.

audusd1hr09-21

AUDUSD 4 Hour Chart
Monday, 1 October 2018 at 3:43:00PM AEST

No change.
AUDUSD made a nice bounce in the last two or three weeks, which can be either a corrective rally or a change in trend. For now it's too soon to confirm a break higher because recovery with sub-wave c has slowed down at the upper resistance trendline. As such, we have to wait on more price data first but it appears that three legs down are in view anyhow

audusd4hr10-01


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