AUDUSD currently is trading in what we see as wave (c) in the flat corrective pullback. We are looking for resistance on this move close to former wave (iv) cluster around 0.7059 levels. As long as we are trading below last highs we are looking for a down trend continuation but on larger time frame we are inclined to search for a longer term lows soon.
AUDUSD, 1H Elliott Wave Analysis
_20150930085145.png "AUDUSD 1h")
AUDUSD, 1H Elliott Wave Analysis
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