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AUDUSD Forex Elliott Wave  1 - 4 hr  2 April 2019

AUDUSD Forex Elliott Wave 1 - 4 hr 2 April 2019

ASX200-Elliott-Wave-...

AUDUSD Forex Elliott Wave  1 - 4 hr  2 April 2019

Aud/Usd 1 Hour Chart
Tuesday, 02 April 2019 at 08:54 GMT

AUDUSD started dropping from the 0.713 level where a corrective wave ii) as part of an upcoming five-wave cycle within wave c found resistance. Current sharp drop we now see as sub-wave iii) which can take price towards the 0.7000 zone. Once impulsive wave iii) fully develops, that is when a temporary pullback as wave iv) may follow.

audusd11hr04-02
 

Aud/Usd 4 Hour Chart
Tuesday, 02 April 2019 at 06:03 GMT

No change.
On AUDUSD we are tracking a higher degree complex correction within wave B), as part of a three-wave recovery away from 2019 lows. Specifically, we see price trading at the end of a complex, triangle correction within minor wave b of Y, so be aware of a drop towards the 0.700/0.690 area in upcoming days or weeks.

audusd4hr04-02


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