AUD/USD: Elliot wave analysis
Weekly. The pair keeps forming the wave III of the downside impulse.
Chart. Weekly AUD/USD
Daily. The downside impulse wave  is complete. We are now witnessing the wave  which may take form of a long horizontal correction as it’s shown at the picture.
Chart. Daily AUD/USD
H8. We are probably witnessing the first Zigzag of the wave . If this assumption is correct, this week we’ll see an impulse growth in the small wave C.
Chart. H8 AUD/USD