AUD/USD: weekly wave analysis

by Roman Petukhov

Daily. The market continues falling within the strong bearish impulse A. Now, wave [5] is being constructed; let us consider its markup in greater detail.

H4. As part of wave [5], correction (4) is developing, taking the form of a double three. This wave looks almost complete, that is why, the beginning of the next week will already bring further pair's decrease.

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