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Aud/Usd 4 Hour Chart Technical Analysis Elliott Wave  

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Aud/Usd 4 Hour Chart
Tuesday, 15 September 2020 at 05:49 GMT

AUDUSD is trading in a three-wave reversal, down from current 0.741 high. We see a completed move in A, so latest recovery can be part of a three-wave corrective move into wave B, so be aware of resistance, and a resumption into a wave C, once wave B unfolds. That said, impulsive wave C can in days ahead reach 0.715/0.707 support region.

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