AUDUSD, 4h
AUDUSD has turned lower last week but only temporary into wave (iv) that can be finished now after recent bounce from 0.7180 and out of a downward corrective channel. Notice that decline from 0.7382 was made by three waves so it’s a corrective move that is pointing higher now for wave (v) towards 0.7450-0.7500 area. Invalidation level remains at 0.7087.
AUDUSD : Uptrend Continuation In View
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