AUD/USD: Elliott waves (Apr. 21)
By Roman Petuchov
Weekly. The global emerging structure is a Zigzag. The correctional wave [b] which is a part of it is complete. In the coming months we expect the pair to rise.
Chart. Weekly AUD/USD
Daily. Downward impulse is complete . In last section we saw growth in the first wave of the new uptrend.
Chart. Daily AUD/USD
H4. The figure shows a detail layout upside impulse, the fourth wave of which took the form of an extended oblique triangle. Next week we expect correctional decline in the wave (2).
Chart. H4 AUD/USD