AUD/USD: Elliott waves
Weekly. After completing the construction of a correctional wave [b], we saw the beginning of the formation of the new upward impulse [c].
Daily. Layout of the wave (1) is shown at the picture. In the coming weeks we expect a decline in the correctional wave (2).
H4. Waves [i] and [ii] look complete. This week we expect to see a decline in the new impulse wave [iii], the bears will take control of the situation.