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AUD/USD: weekly wave analysis

By Roman Petuchov

Weekly. After completing the correctional wave [b], a new uptrend has started.

Daily. Wave (1) is complete. At the last section we see the formation of a double Zigzag (2).

H4. First Zigzag w is almost complete. Next week we’ll see the formation of a small impulse (5) [c] of w, then AUD/USD will begin corrective growth in the wave x, which can take the form of a complex corrective pattern. After the wave x is complete, the fall of the prices will continue.

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