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AUDUSD Approaching Resistance - Elliott wave analysis

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Hello traders,

It appears that Aussie bears are not back in control, but they may still wake up, maybe soon, as pair seems to be rising in final stages of a wave C that can be counted as an ending diagonal. Even different count; an overlapping structure with W-X-Y labels would suggest the similar idea; turn down from a new high.

If you want more Elliott Wave analysis during this volatile times, make sure to check our services at https://ew-forecast.com/

Trade Well,

The EW-Forecast team


audusd, intra

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