Wave counts in AUDUSD
We have double zigzag pattern (WXY) in AUDUSD up to the current price point, at this point there is a supply zone, this gives high probability for price to turn at here. Wait for price to act at the zone before you take any action because it may correct shortly then continue upward if there will be another corrective structure to form WXYXZ.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.