Elliott wave analysis of AUD/USD (Australian Dollar)

Everything goes according to the plan indicated a month ago (look update from October, 28 in my telegram channel). Attention to the orange and black brushes, I do not touch them.

It was good news, now, as usual... both options on both sides remained under consideration. And, moreover, the climax has now come - in the near future the market will choose one of them.

Personally, I still hold a short position in breakeven. I made this decision in connection with the expectation of the devaluation of the US dollar on all fronts. If the critical level for the dollar index is affected, of course I will close the position and look for a long in the area of 0.72+.

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