AUD/USD: weekly wave analysis

Weekly. The market keeps declining within the descending triple Zigzag [b]. In the last section we see the formation of the final wave (z) of [b].

Daily. The first part of the wave (z) is impulse A. When it’s finished, the market will reverse, and we’ll see corrective growth in the wave B.

H4. The pair’s rapidly declining in the wave (5) of [5]. In the coming days the decline will continue, then the pair will turn and start moving up. 

Scroll to top