AUD/USD: Elliot wave analysis
Weekly. The pair keeps forming the wave III of the downside impulse. This wave looks powerful, stretched and rapid – just as it has to be.
Chart. Weekly AUD/USD
Daily. The marking on the daily chart shows that the pair keeps forming the wave  of III.
Chart. Daily AUD/USD
H8. We expect AUD/USD to keep falling in the near term with shallow corrections.
Chart. H8 AUD/USD
Roman Petuchov for FBS