MARKET WANTS A HIGHER AUD$ THIS COMING WEEK
Despite having an interest rate cut, the market pushed AUD higher and now is consolidating for 1 more impulse up. My wave count shows that this would be the final leg up before the HUGE fall I forecasted based on the weekly chart. I will monitor price action very closely once market gets into the box, as there is a cluster of fibonacci relationships there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.