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Finally, after 2 months, the Australian dollar’s short were tr | 89WAVES | ELLIOTT WAVES TRADING & ANALYTICS

Finally, after 2 months, the Australian dollar’s short were transferred to the breakeven.

I don’t change the calculation and the downward forecast, although I’m not very sure about this situation (https://t.me/eightyninewaves/2232). I already wrote that the euro and the dollar index are looking towards the weakening of the dollar, but here the opposite is true. In Australia everything is upside down, what to take from them?

Alternatively, I introduced a triangle in the wave (X) from which there will be an upward exit. That is why I moved the shorts to breakeven. Further sideways trend will confirm the ascending calculation for the pair, as I think.

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#89waves

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#AUD #AUDUSD TF: 1H