AUD/USD: weekly wave analysis
Daily. The market keeps moving down within a strong downward Zigzag. The wave A of the Zigzag is likely over. If the assumption is correct, this week we will see the formation of the upward corrective wave B.
H4. We are seeing the internal structure of the final area on Н4. The downtrend is completely equipped with the waves of a smaller wave level. As a result, this week we expect the price to go up within the upward correction.