Trader, analyst and instructor with a 6-year experience

AUD/USD: wave analysis

By Roman Petuchov

Weekly. A new rising trend is now being born. 

Chart. Weekly AUD/USD

Daily. Market formed a small wave (2). If the markup is right, next week we'll see a strong bullish move. 

Chart. Daily AUD/USD

H4. In the near term we'll see a correction 4 and a rising impulse 5.

Chart. H4 AUD/USD

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