AUDUSD - 5th Wave Development?

AUDUSD - 5th Wave Development?

AUDUSD looks like it is nearing the end of wave 5.

The 5th wave could have ended near 0.6845, but
there is a higher chance that the price will rise again and develop the wedge pattern
in a more beautiful way. In fact, the pattern is ugly.

The current price position is very complicated as it can move in either ways shown on the chart.

If the price is to rise further, it should test 0.6870

A break below 0.6690 will increase the chances of a deeper
correction thus confirming that the 5th wave was completed.

Thanks and Good Luck!