aud/usd thread, page-2

technically the aussie followed a nice elliot wave on the daily chart and has now started wave c.

wave start - 0.6284
wave 1 - 0.7326
wave 2 - 0.6928
wave 3 - 0.7970
wave 4 - 0.7724
wave 5 - 0.8368
wave a - first negative wave
wave b - Retracement of .618 of wave 5 to A
wave c - Ends at wave 5 of new trend

remember this is technical, not accurate, however the actuals are very much alligned with the wave...

i see downside for the time being...time will tell

...hows it looking for others?

Cheers,
Miike