Elliott Wave Analysis by EWF

AUDCAD Elliottwave Intraday View

Short term #Elliottwave structure of AUDCAD from 3/1 peak (1.025) looks to be showing an impulse structure with a nice 5 waves subdivision where Minuette wave (i) ended at 1.0198, Minuette wave (ii) ended at 1.0235, Minuette wave (iii) ended at 1.0115, Minuette wave (iv) ended at 1.0147, and Minuette wave (v) ended at 1.0098. We can also see momentum divergence at the end of wave (v) as shown by the RSI making lower high while price...

Elliott Wave Analysis by EWF

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