DAILY AUDUSDAs we can see we have a rising trend line with a five wave structure then thing get rather complicated with a few internal ABCs a 1 2 of a higher and then lower degree five wave i believe we are possibly in 5th of a 3rd wave up. However, despite the count we are still in the upper half of the Bollinger bands on the daily informing us we are still bullish 8 day cross confirmation and also above the 100DMA so as long as we stay within the trend line we just might take out the highs and reach our 3rd wave target.
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