Elliott Wave Analysis: AUDUSD Breaking Higher

Dolar Australia / Dolar A.S. (OANDA:AUDUSD)

OANDA:AUDUSD Dolar Australia / Dolar A.S.

trendanalysis chartpattern waveanalysis audusd elliottwaves correction impulsive

AUDUSD has finally turned up after very deep, slow and overlapping price action, that we see it as wave 4). This leg now appears completed after recent break out of a downward channel that we see it as start of a new leg up; wave 5) back above 0.8070.

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