AUDUSD RETRACEMENT BEFORE PUSH TO THE UPSIDE

I am still waiting for a deeper correction on this pair before entering a buy.

I am anticipating a potential rejection from the key resistance level, 4HR.

Price moved ~200 pips from a key support level.

It will be interesting to see how this plays out.

What are your thoughts on this pair?
Elliott WaveTrend AnalysisWave Analysis

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