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.