The break of E wave confirms that Wave ii is complete even though the recovery wasn't particularly strong I believe it is due to a deceptive Wave C recovery in the USD but the Aussie dollar isn't buying it.
The uptrend should continues from here and as always I will monitor the progress.
My target from this point is at least .81cents.
I believe the coming move will be strong therefore the set backs should be minor with shallow retracements as this whole move is impulsive in nature.
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The uptrend should continues from here and as always I will monitor the progress.
My target from this point is at least .81cents.
I believe the coming move will be strong therefore the set backs should be minor with shallow retracements as this whole move is impulsive in nature.
Please LIKE and FOLLOW to get notification of updates and future posts.
