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FX.co ★ Wave Analysis of Intraday Price Movement of AUD/USD Commodity Currency Pairs, Monday September 23, 2024.

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Forex Analysis:::2024-09-23T03:14:55

Wave Analysis of Intraday Price Movement of AUD/USD Commodity Currency Pairs, Monday September 23, 2024.

Wave Analysis of Intraday Price Movement of AUD/USD Commodity Currency Pairs, Monday September 23, 2024.

If we look at the 4-hour chart of the AUD/USD commodity currency pair, it appears that the Wave Count from the Goodman Swing Count System (GSCS) has formed the First Primary Swing (FPS), Secondary Swing (SS), and is now about to complete the Secondary Primary Swing (SPS) where this is also confirmed by the appearance of deviations between the price movement of AUD/USD and the Awesome Oscillator indicator, especially with the confirmation of the appearance of a "Dagger" (red), namely the 123 pattern followed by the Ross Hook (RH), then as long as there is no significant weakening correction, especially if it breaks below the 0.6625 level, AUD/USD will continue to strengthen to the 0.7000 level.

(Disclaimer)

Analyst InstaForex
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