AUD/USD Correction with Impulse Wave

21 февр. 2022 г.

At the time of this writing, this is what I have noticed - At the the current price levels, if the level is rejected, a corrective pull-back should be done to the previous level of support, correcting price, and moving back up to the next level of support. See the red arrows as an expectation of what price would do. With the Aussie-dollar pushing upwards, it is also noticed how Gold is also pushing upwards as well due to a weakening Dollar. If the AUD could reach and settle at 0.7250 with the US Dollar weakening further - a long position could be profitable.