Back to Free Charts
H4 AUDUSD Pairs 1 min read

AUDUSD Technical Analysis: Does Elliott Wave Theory Point to a New High?

The corrective movement observed in AUDUSD over the past weeks appears to have concluded at a critical support zone with the completion of the (W)-(X)-(Y)...

AUDUSD Technical Analysis
AUDUSD Technical Analysis: Does Elliott Wave Theory Point to a New High?
TradingView snapshot used for this free Elliott Wave chart preview.

The corrective movement observed in AUDUSD over the past weeks appears to have concluded at a critical support zone with the completion of the (W)-(X)-(Y) pattern. A strong bounce from the Fibonacci 0.618 (0.68301) level indicates renewed buyer interest. Our current strategy is focused on the continuation of the upward breakout. Following a potential retest at the 0.70200 level, targeting 0.72000 remains our primary scenario. Subscribe to our newsletter to stay ahead of these professional setups!

Track Elliott Wave scenarios with EWPlans

Upgrade to access daily H4, D1 and weekly analysis with wave counts, targets, invalidation levels and EWP Nexus commentary.

View Plans
Risk Notice

Disclaimer

The information provided on www.ewplans.com is for educational and informational purposes only and solely as a self-help tool for your own use. It is the responsibility of the viewer to first consult with a trusted financial advisor or other qualified financial professional before making any investment decisions.

While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is strictly at your own risk.

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the website content as such. EWPlans is not responsible for any loss caused by any information provided on the website. Investing and trading in financial markets or cryptocurrencies can be risky. You should conduct your own research when making any financial decisions.

EWP Nexus Support Ask about plans, access and EWPlans.