Archives for AUD/USD

AUDUSD Elliott Wave Analysis ( 22-06-20 )

    AUDUSD Elliott Wave AnalysisForex Pair : AUD/USD Date : 22nd June 2020 Time Frame : 4 Hr  A-Leg In The Larger DegreeLet’s recap our AUDUSD Elliott Wave analysis on the Aussie when it began reversing and gaining strength on the 19th March 2020. The first leg of the rally looks to have kickoff with a 5 wave “Leading Diagonal” chart pattern in the form of wave [1] in black. This is followed by a wave [2] in black in the form of a shallow (W)-(X)-(Y) correction in blue that barely reaches the 38.2% Fibonacci retracement level. Possibly signaling further upside in the 3rd leg of the
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