CurrencyWaves

#AUDUSD Daily Elliott Wave Count

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FX:AUDUSD   澳元/美元
Looking at this recent drop as wave 1 still in progress. I will be shorting any bounce with stops above .77783.

A bounce in the RSI to 50 or 60 would be a good sell signal. If the following drop is a 3rd wave I would like to see the RSI break below 40 and even 30.

I am showing the Fib extensions with Andrews Pitchfork for target areas.
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Leading Diagonal?



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