AUDUSD has turned bearish in the last 48 hours from 0.9500. A decline is impulsive which also took out the trendline connected from 0.9206 which is important is for a change in trend. With that said, we believe that pair accomplished a five wave rally up in wave 5 of C which means that market should be heading lower in the next few days, even if fall will be only corrective.
AUDUSD 4h Elliott Wave Analysis
audusd elliott wave

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