Elliott Wave Blue Box Payoff: AUDUSD Reacts Higher

company
Elliottwave_Forecast
06-17

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of AUDUSD. In which, the rally from 08 April 2025 low is unfolding as corrective sequence but showed a higher high sequence therefore, called for an extension higher to take place. We knew that the structure in AUDUSD should remain supported & extend higher. So, we advised members not to sell the pair & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

AUDUSD 1-Hour Elliott Wave Chart From 6.13.2025

Here’s the 1-hour Elliott wave Chart from the 6.13.2025 NY update. In which, the rally to $0.6545 high completed wave 1 & made a pullback in wave 2. The internals of that pullback unfolded as Elliott wave zigzag correction where wave ((a)) ended at $0.6474 low. Then a rally to $0.6533 high-ended wave ((b)) bounce. Then started the next leg lower in wave ((c)) towards $0.6461- $0.6417 blue box area. From there, buyers were expected to appear looking for new highs ideally or for a 3-wave bounce minimum.

AUDUSD Latest 1-Hour Elliott Wave Chart From 6.16.2025

This is the latest 1-hour Elliott wave Chart from the 6.16.2025 London update. In which the pair is showing a strong reaction higher taking place, right after ending the correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. However, a break above $0.6545 high is needed to confirm the next extension higher & avoid double correction lower.

If you are looking for real-time analysis in AUDUSD along with the other forex pairs then join us with 14 day trial for the latest updates & price action.

Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.

Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • BurnellStella
    06-18
    BurnellStella
    Great analysis, love the insights! [Heart]
Leave a comment
1