Hello fellow traders, In this technical article, we’ll take a look at the AUDUSD Elliott Wave charts published in our members’ area. As our members know, AUDUSD has been trading within a cycle that started at the 0.7236 peak. Recently, the pair completed a clear three-wave recovery, forming an Elliott Wave Double Three pattern. As expected, sellers stepped in, pushing the price lower. In this update, we’ll break down the Elliott Wave structure and examine the near-term outlook for AUDUSD. Before looking at the real market example, let’s first explain the Double Three pattern and how it works within the Elliott Wave framework. Elliott Wave Double Three Pattern Double three is the common pattern in the market , also known as 7 swing structure. It’s a reliable pattern which is giving u