EUR/AUD:
Is wave 5 finally in place at 1.5597?
A break below 1.5286 will indicate, that will be the case a call for a much deeper correction towards 1.4072 and may be lower.
However, as long as minor support at 1.5414 and more importantly support at 1.5286 protects the downside we could see a move slightly higher towards 1.5759 maybe as an ending diagonal. Only time will tell what the outcome will be.
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