The monthly chart of AUD/USD is currently in downtrend.
It is the process of forming a full Elliot wave.
The correction wave 4 has happened in the formed of bearish flag and it has given a valid breakout.
Hence,we expect the counter to be bearish in the upcoming days.
It is the process of forming a full Elliot wave.
The correction wave 4 has happened in the formed of bearish flag and it has given a valid breakout.
Hence,we expect the counter to be bearish in the upcoming days.