Here is what I think is happening in the AUD/USD. As you can see there is a clear 5 waves up. I am expecting a break of the support line within the next session, with a fair amount of follow through the bring the pair down to around the 0.90 area. It is possible that a wave ii flat is forming, which means it will take longer before the support line gives way. A move above 0.933 invalidates this count.
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