EURUSD made five waves down from 1.1016 so bearish trend can be coming, but there is also still a three wave fall from the high, so from my point of view it’s too early for shorts. Also, there is still a lot of talk about the Greece, so weekend can cause gap like many times in the last 30days. that said, I would look for shorts next week rather than today.
EURUSD 30min Elliott Wave Analysis
AUDUSD continued lower as expected, down into wave v) of (iii) which is about to complete now as we know that after every five waves correction follow. We see a bounce coming up into wave (iv), possibly back to 0.7300 before weakness may resume again early next week.
AUDUSD 1h Elliott Wave Analysis
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