Monday, December 16, 2019

#AUDUSD 1 HR #ElliottWave Count

AUDUSD 1 HR Elliott Wave Count

The big picture is still a corrective move higher toward the .7000 area.  Before that happens I believe we will see a 3 wave move lower to the .68000 area to complete an x wave.  

Keep on eye on the RSI trendline, a break lower could indicate that B up is complete and C is underway. 

AUDUSD 1 HR Elliott Wave Count
AUDUSD 1 HR Elliott Wave Count