Looks like new swing low is in the cards for USDJPY as rally from the low looks corrective because of only three wave rise and broken channel. Looking down into wave c) in the near-term, but larger trend is still up.
USDJPY 1h Elliott Wave Analysis
AUDUSD is recovering, I am looking for a three wave rally up in wave iv) that may stop around 0.9340. Ideally we will see a downtrend continuation from that levels. 0.9380 is invalidation level as wave four must not move into the territory of a wave one.
AUDUSD 1h Elliott Wave Analysis
Interested in our analysis? Get now 1 month of full service for just 1€. http://www.ew-forecast.com/service
