AUD/USD Trading In Big Correction

AUD/USD is still trading in a wave 4 correction, but can now be in final stages as we can see Fibonacci ratio of 38.2 being reached. That said, we expect one more move to follow to the upside to complete a five wave structure within the higher degree wave C).

1-Hour AUD/USD

Disclosure:We do not own any assets or share of the instrument mentioned in our outlookPlease be informed that information we provide ARE NOT trading recommendation or investment advice. All of our work is for educational purposes only.

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