Our 2018 AUD/USD forecast included a smooth start and rough finish. We were anticipating a mild break higher above 81 cents at the beginning of the year to finish off a large complex wave that began in September 2015. That mild break would put us on alert for a longer-term top and reversal. After an important top was established in January, AUDUSD has begun a bearish impulsive wave that may retest 76 cents and possibly lower levels. Two weeks ago, we argued that AUDUSD ended a three-year bullish wave and that bearish traders may take over the upper hand. In Monday’s Elliott Wave webinar, we dialed in more specific ... (full story)