AUDUSD-Stick to my last year target 0.5500 tobreak for wave X)

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AUDUSD-Stick to my last year target 0.5500 tobreak for wave X)

Market commentary:


1. This is a positonal view in weekly time frame. and i already shared this view last year and i will stick to that.


2. Currently we are in the wave "Y or Z" as shown here to break the last year low 0.55 as per my analysis.


3. This could be a 3 wave structure to reach there in a,b,c or WXY also both are valid, but it has to break that 0.55 to complete the bigger correction for wave X) correction as i shown may be Y or Z of X)(red).

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