Looking at a bullish scenario for AUDUSD , Found bullish divergence on MACD with a moving average crossover buy signal. I believe this bounce up was the beginning of wave 3. If wave 3 can reach this next area of resistance which is well above the wave 1-2 1:1 fib extension then it may possibly reach the 2.618 extension
AUDUSDBullish PatternsDivergenceElliott WaveTechnical IndicatorsscenarioTrend AnalysiswaveWave Analysis

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