AUD/USD: wave analysis
Weekly. After the pair has completed the descending correctional wave [b],we see the startof construction ofthe ascending impulse [c].
Daily. The pair has built a regular upward impulse wave (1). At the moment,we are seeing the formation of correction (2), in the coming weeks there will be of corrective declines.
H4. The end of wave (1) is marked at the picture. The market has already formed the first downward impulse [i]. This week we expect growth in correctional wave [ii].