AUD/USD: Elliot wave analysis
Weekly. The downside impulse wave III keeps unfolding.
Chart. Weekly AUD/USD
Daily. The wave  of III is in process of forming. The wave (С) currently represents 161% of the wave (А). This is the most common Fibo coefficient. We’ll likely see a decline in the wave  in the near term.
Chart. Daily AUD/USD
H8. You may see the more detailed marking on this chart. The final marking of the wave  isn’t clear yet.
Chart. H8 AUD/USD
Roman Petuchov for FBS