Price may consolidate here some before moving up. According to my Elliot Wave count we should still be in wave three. I'm targeting .6872 as the end of this wave. Also AUD has broken the major multi month bearish trendline. The price channel I drew may not be accurate. I've been following this pair for awhile now, trying to break it down with Elliot Wave, check my prior ideas on this pair if you want. Thoughts? Let me know.
