Hello.
AUDUSD Time Wave analysis update from March 24th.
AUDUSD rebounded from the expected weekly supply zone.
However, if calculated by time, it was a daily correction process, not a weekly correction process. Therefore, as you can see from the chart, the current uptrend is judged to be a 4-hour uptrend following the daily correction trend starting line. If the 4 hour correction trend line does not follow, a daily correction will occur and test the daily support line in the daily demand zone. A daily uptrend will renew short-term highs, otherwise it may test again below the weekly demand zone.
We will update again if any changes occur.
good luck.
good luck.
AUDUSD Time Wave analysis update from March 24th.
AUDUSD rebounded from the expected weekly supply zone.
However, if calculated by time, it was a daily correction process, not a weekly correction process. Therefore, as you can see from the chart, the current uptrend is judged to be a 4-hour uptrend following the daily correction trend starting line. If the 4 hour correction trend line does not follow, a daily correction will occur and test the daily support line in the daily demand zone. A daily uptrend will renew short-term highs, otherwise it may test again below the weekly demand zone.
We will update again if any changes occur.
good luck.
good luck.