Elliott wave Analysis: AUDUSD In A Correction

 | Nov 14, 2018 11:59AM ET

Hi traders,
Aussie is moving higher, but maybe only within a corrective wave B here, so be aware of a decline back to ideal 61,8% Fibo. retracement, from where the real Bulls may show up that can go back to new highs above 0.73 area.
Suppor for higher degree wave C is around 0.714-0.712 region.

AUDUSD, 1h