AUD/USD - Topped or topping

AUD/USD - Topped or topping

AUD/USD - Topped or topping

AUD/USD is still holding up, but if a top hasn't already been found it will be found shortly for a strong impulsive decline. 

The first good indication for a top being in place will be seen upon a break below minor support at 0.7678 and of cause more importantly below the red support.line near 0.7500 that confirms the top and the new impulsive decline to below 0.6825. 

As long as minor support at 0.7678 is able to protect the downside, we must accept the possibility of a move slightly higher to the 0.7780 - 0.7800 area,before the top finally is in place, but it will just be a matter of time before it's in place. 

Roelant
2016-06-26
Hi Elliotwavesurfer,

Your forecast of the EURUSD waves and reversals on Brexit day were spot on! This was not chaos, the crowd followed a pattern!

GBPUSD was abolutely 100% too!Unbelievably accu...
JT
2014-06-23
Its been a pleasure over the years I have been following you and even better as a member the education you provide in my view is invaluable you can read books as I have but to see how you evolve your ...
Jonathan
2017-10-24
Your work is exceptional and glad I found you.