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AUDUSD Getting Ready for Next Wave Higher

AUDUSD is currently finishing a corrective wave and getting ready for the next wave up. The sell zone on the chart would be a good place for a short term sell for 30-50 pips. Take profit (TP) 1 is also our buy minimum which is confluent with the fib cluster of 38.2% & -27%. TP 2 is our buy maximum which is confluent with the -61.8% & 50%. TP for the long is the -27% extension at 0.69250 100-120 pips away from our long entry points. This is for educational purposes only. This is in no way intended to be financial advice. I am not a financial advisor.

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