Elliott Wave Free Forex Signal

Currency Pair = AUD/USD.

Time Frame = Daily for Short Term Trade

Elliott wave Signal = Limit Buy at 0.9300 area

Calculated Risk Level= 1.20+ (High Risk)

Short Term Target between 0.9400 to 0.9500 area.

Exit / Stop Loss = below 0.9150 area.

AUD/USD Elliott Wave Analysis :-

AUD/USD seem to continue bullish for an extended wave v.

Market has pass our previous target for a profit at the end of last week.And this week its continue to climb higher to complete extended wave v of Minute Degree of Elliott waves.

With projection of fibonacci expansion we expecting AUD/USD to reach it possible new high at 0.9400 to 0.9500 area before it makes the first correction downward.

We will update on those correction analysis in next AUD/USD Elliott wave signal.

As usual,here is our latest Elliott wave AUD/USD currency pair analysis:-

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This entry was posted on Thursday, November 1st, 2007 at 9:11 am and is filed under Elliott Wave Signal AUD-USD.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.