This AUD/USD pair has rallied up and is probably reaching the final stages of the move.
In Elliot wave terms we are probably in a 4th wave with one last move up to go.
This final move is likely to reach the monthly pivot level at 0.8815 before encountering substantial resistance.
It may well break through and go higher possibly reaching the 61.8% Fibonacci line at 0.8905.
After that a steep decline may begin.
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