Hello.
If you look at the EUR/AUD 10 minute chart, you’ll see that there was almost a textbook 5 wave movement up. It is always nice to see a seemingly “clean” move up in the market.
What’s next?
Look for a 3 wave retracement to the down side to complete Wave 2.
Currently, it looks like we may be nearing the completion of the first retracement wave (Wave a) - so look for the currency pair to head back up for Wave b and then back down to Wave c.
Good luck.
An overview of the
currency markets by 

