AUD/USD Weekly, Daily & H4 Update

Bearish count was invalidated. Aussie does’t care about rate cut, bad employment, China slowdown etc. it just going up trying to complete Zig-Zag pattern of higher degree.

Now it all depends how high we can get wan we might get pretty much high: 1.06500 will not be a suprise but before that there are some other Fiboniacci levels to watch.

And I still label this trangle count as alternative due to the lower TF: wave 1 on my chart is 5 waves not 3 as it suppose to be on triangle.

Just remember: social mood can change WITHOUT any external trigger.

Seb

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About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

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