AUDUSD is at a critical decision making level. It has been a tug of war between the bulls and the bears. This pair might be making a complex corrective Flat pattern that may send the pair further lower or it may be making 1-2, (i)-(ii) wave pattern that would send the pair higher as shown in the chart above.
Elliot Wave has rules to validate both opportunities, it's just the matter of waiting and proper investigating of the price action.
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