AUDUSD Elliott Wave Charts
Aud/Usd 1 Hour Chart
Tuesday, 24 November 2020 at 09:14 GMT
AUDUSD can reach 0.738/0.746 possible resistance region.
Aud/Usd 4 Hour Chart
Wednesday, 25 November 2020 at 07:00 GMT
Aussie can be rallying in a five-wave move, labelled as a higher degree wave 1, up from 0.699 level. At the moment we see sub-wave 5) of 1 underway, which can look for resistance at the 0.738/0.744 region. That said, once sub-wave 5) of 1 fully develops, a temporary pullback as wave 2 may start to form.
Aud/Usd Daily chart
Nov 22 2020
AUDUSD is in uptrend away from March low, move that is expected to resume after recent corrective set-back that can be already finished after recent turn up from the important 0.699 support. If price would suddenly turn back below 0.699 then we will look for deeper wave II/B towards 0.6750 support.