AUD/USD: weekly wave analysis

Roman Petuchov

Daily. AUD/USD ended a long-term bearish impulse A, that is the first part of the (z) zigzag. Bullish correction to this impulse is now being built (double zigzag B). Let's see the wave [w] of B in the details. 

H4. Wave [w] is a simple bullish zigzag. On the new week the pair ended a tiny correction 4. We expect the pair to resume growth in an impulse 5 in the coming sessions. 

Scroll to top