Medium-term rise rolls on as AUDUSD surfs bullish waves

AUDUSD shows a bullish Elliott wave structure and classical charting pattern. The medium-term advance is developing nicely towards the medium term target of 0.8340/0.8380. Support now lies about 0.7915 and 0.7875. The next advance will attempt to reach 0.8190.

Continue reading at TradingFloor.com (Max McKegg of Technical Research Limited) →