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AUDUSD Forex Elliott Wave  1 - 4 hr  11 October 2019

AUDUSD Forex Elliott Wave 1 - 4 hr 11 October 2019

Forex-AUDUSD-Elliott...

AUDUSD Forex Elliott Wave  1 - 4 hr  11 October 2019

Aud/Usd 1 Hour Chart
Friday, 11 October 2019 at 13:43 GMT

Aussie is making a third wave of recovery away from 0.6709 which is not in five waves yet, so pair remains in uptrend here while price is above 0.6773.
audusd1hr10-11

 

Aud/Usd 4 Hour Chart
Friday, 11 October 2019 at 07:19 GMT

No change.
AUDUSD completed five-waves of decline from 0.6894 area so we are tracking a three wave recovery now, which may take pair back to 0.6800 before bearish trend may resume again. Maybe already later this month after a completed wave b) that belongs to wave five of an ending diagonal.

audusd4hr10-11


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