AUD/USD: Elliot wave analysis
Weekly. AUD/USD had breached the critical level, so we adopted new marking. For now the pair’s forming the wave III which is rapid and powerful.
Chart. Weekly AUD/USD
Daily. Here’s a more detailed marking of the impulse in the wave III. After the impulse in the wave  is over, there will be a corrective wave .
Chart. Daily AUD/USD
H8. The more detailed marking shows that the downside impulse is close to an end. After this minor correction the pair will renew minimum.
Chart. H8 AUD/USD
By Roman Petuchov for FBS