AUDUSD update (bullish scenario)

This analysis is a Bullish scenario for AUDUSD.
The daily upward wave continues. If the upward wave of this daily bullish pattern continues, the correction process is propagated to a larger time frame. Therefore, the target is expected to reach around the monthly supply zone.

Look for buying opportunities near the daily demand zone.

Trade ist aktiv:

A daily upward wave will follow. The goal is to reach the monthly supply zone!

Trade geschlossen: Ziel wurde erreicht:

Patterns may change, so this analysis is no longer valid. I will post a new analysis. First, see the DXY chart analysis article.