Solid News
AUDUSD, Elliot Wave Analysis
11/10/2022 10:34 AMA fall is possible.
On the daily chart, the first wave of the higher level (1) ended, and a downward correction develops as the second wave (2), within which the wave C of (2) develops. Now, the fifth wave of the lower level v of C is forming, the wave (iii) of v has formed, and a local correction has ended as the wave (iv) of v. If the assumption is correct, the AUD/USD pair will fall within the wave (v) of v to the area of 0.6157–0.6086. In this scenario, critical stop loss level is 0.6567.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com