AUD/USD is in a long term bear cycle.
It has completed its 4 waves and has commenced its wave 5.
The first two waves of the wave 5 is also completed and it is currently forming its wave 3, which could be the longest wave of the wave 5.
We expect the pair to continue its bearish momentum for now.
It has completed its 4 waves and has commenced its wave 5.
The first two waves of the wave 5 is also completed and it is currently forming its wave 3, which could be the longest wave of the wave 5.
We expect the pair to continue its bearish momentum for now.