Is Aussie finishing a correction within uptrend? [Video]
|Aussie (AUD/USD) is coming to the downside now, testing the October lows, and it looks like the higher-degree correction from the September highs is still here, but it could now be in wave C coming out of a running triangle in wave B, meaning that the downside will be limited somewhere around the 0.6350–0.6400 area. Ideally we will see a nice reversal from that zone sometime in the next few weeks, and if we then get an impulsive price action on the recovery, we may finally complete this correction.
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