AUDUSD 4H Wave Analysis

AUDUSD had a nice breakout this night. News create volatility, but the direction is long given.

• Price broke through the falling trendline after finding Support at the rising TL
  
• Ending diagonal finished of wave C, finishing of wave 2
  
• Wave 3 should take place now and rech new daily highs
  
• Price could move pretty rapidly without any major corrections, typical for wave 3
  

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