AUD/USD Could Reach 0.9850 Before Downtrend Resumes-Elliott Wave

On AUD/USD we see evidences of a temporary low in place after five waves down in black wave 3. We know that after every five waves, a correction follows, so we think that the current sideways price action represents a wave 4 pull-back that should be sub-divided by three legs. As such, we think that
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]