Elliott Wave Forecast Team
ElliottWave-Forecast.com
A sharp rise from 0.7233 and three wave set-back from 0.7364 is a bullish structure that suggests more recovery on that pair. Ideally we will see another leg up to around 0.7364 in sessions ahead, while 0.7233 holds. Current minor push above the channel resistance line could be signalling for straight move to the upside.
AUDUSD 30min Elliott Wave Analysis
USDJPY remains trapped in a range for now, looking to make another pullback to the lower side of a triangle. We are talking about wave e) that can be looking for 123.60/80 area from where price could turn sharply to the upside, above 124.57 while 123.00 holds.
USDJPY 1h Elliott Wave Analysis
AUDUSD 30min Elliott Wave Analysis
USDJPY remains trapped in a range for now, looking to make another pullback to the lower side of a triangle. We are talking about wave e) that can be looking for 123.60/80 area from where price could turn sharply to the upside, above 124.57 while 123.00 holds.
USDJPY 1h Elliott Wave Analysis
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