Forex and S&P 500 charts. Primarily focused on Elliott Wave analysis yet all forms of technical analysis are appreciated.
Thursday, October 13, 2011
AUDUSD impulsive decline unfolding
AUDUSD appears to have completed an impulsive wave to the downside after reversing at the fibonacci resistance zone (1.0210-1.0230) explained in my last post. I believe this to be a very minor wave of a massive wave 3 decline.
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