On the AUDUSD pair, we are looking at a nice impulsive reaction from the lows at 0.72840, which can be red wave C) as part of a bigger corrective pullback. As of now price completed four waves to the upside, and could now already be in black wave 5, final wave of wave C), which can find its top around 0.7559 level. After Wave C) is completed, price is expected to make a minimum three wave of a reversal.
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