AUD/USD: weekly wave analysis
Daily. The pair keeps developing correction B, which is taking form of a double zigzag. At the moment the pair is forming the wave [y], so let’s review its layout in greater detail.
H4. The wave [Y], according to its form, is a double zigzag. As a result, correction (x) will be complete in the coming 5 days, as shown on the chart. Then the advance will resume.