5 June AUD USD Elliott wave analysis: imminent bullish impact?
There is already a bullish opportunity to take price toward 0.84 but the entry price could even be better for a huge R/R. There should be a bearish correction starting at or below 0.745 of the sub-impulse wave wave from 0.7365. The second wave is usually around 50-61.8% Fib-retracement. A dip toward 0.74-0.745 could be seen and this is really a good place for a new bullish entry.
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