AUDUSD - 1h - Uptrend channel formation

Updated
Hello traders,

Today we look at the AUDUSD pair. Is it possible that we are resuming the long term trend after a long correction?

Looking at the 1h timeframe, it looks like the minor 1 and 2 are in place and now the pair is creating a series of 1-2 1-2. First target 1.618 very conservative.

Let's see what happens
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Ascending ChannelAUDUSDElliott WaveFibonacci

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