AUD/USD made five waves down from 0.7836 which is the most important and strong evidence of a bearish trend. But for now bearish impulsive trend is not ready to continue yet as recent decline from 0.7500 to 0.7282 area has unfolded in three legs. We know that three legs represent corrective move, so we labeled it as another wave B) within complex upward correction in wave 2-cricled that can stop at 0.7550-0.7600 area this week.
AUD/USD, 4H
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