Kruti0210

AUDUSD analysed as per the Wave Theory.

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar

We have a 5 Wave upward Impulse complete which is followed by a Correction which is a Flat. Hence this 5 Wave upward Impulse becomes a Wave 1 and the Flat structure becomes a Wave 2, both are complete and hence now we have The Wave 3 in the Long Term hence overall the Trend is Upward.

This Trade is for the Long Term Investors


Over a Decade and above we will see AUD becoming very stronger as compared to the USD.