Category Archives: AUD

AUDUSD Elliott Wave View : 5 Waves Move

Daud Bhatti

AUDUSD ended the correction in Intermediate wave (X) after reaching 0.7486 and then started rallying from there. With today‚Äôs new high the pair is showing 5 waves impulsive move from 03/09/2017 low and has already reached the minimum target area for Minutte wave (v) to end. The minimum target for Minutte wave (v) can be calculated as the inverse 1.236-1.618 Fibonacci extension of Minutte wave (iv) which comes at more…