FX:AUDUSD   Australischer Dollar/U.S. Dollar
478 1 5
completing b wave, now in its midway for minor wave 5 down, will start the correction with wave C, to end above start of wave b.
multiyear trade similar to uscad. dont miss it.
Kommentar: only option to further upside *before a new low* is a rare fifth wave truncation. Still, Im long AUD as the prospects are way up back to 2011 highs.
Kommentar: wed 25th, so far all the way up from .72
'now at .76, a retracement to .74500 , bottom of wave 4 , would be normal
Kommentar: wave 5 of this rise topped a .75669, wave a bottomed at .74970, wave b of this rise topped at .76071, wave c currently in progress should bottom at .74500
Kommentar: STOP, Reverse!!! go USD LONG now for until new high on USD DXY
Kommentar: USD died. go gold!
Kommentar: i dont buy the usd bounce. AU should remain long term a best choice over the USD. As many as 30 cents up pending to be seen .
broke resistance line to the upside! also what was supposed to be the last impulse wave 5 down only traced 3 waves meaning corrective.. meaning fifth wave truncation gains force as structure in play. Was already long at time of initial idea post but never expected a truncation would play in my favour.
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