AUD/USD extended the recovery from 0.9390 region, where we believe that temporary bottom was established.
The reason is an impulsive rise through the blue trend line, after the bounce from the wave (v)=(i) equality region.
Guest post by Gregor Horvat
If we are on the right track, then pair may recover even up to 1.0000 region, while 0.9390 low is in place!
For more detailed technical analysis scroll down and check video that was recorded for subscribers.