AUD/USD: New Highs In Progress

Good day traders!

AUD/USD is at the highs after the recent correction unfolded as an Elliott wave triangle so that was probably a fourth wave, meaning it can still be wave A now in late stages. That said, a deeper correction can take place in the next few trading days; maybe after Christmas holidays.

1-Hour AUD/USD

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

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