As mentioned in the 1 HR update this morning, I am expecting the AUDUSD to reverse here soon and make a 5 wave impulse C down or another 3 waves down for circle y of x to .6800 area before higher again toward .7000
Above .6939 at this point could mean our x wave is complete at .6839 and this leg up now is wave a of the y up.
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| AUDUSD 4 HR Elliott Wave Count |