AUD/USD: weekly wave analysis
Weekly. The pair keeps forming corrective wave B, which is taking form of a double three or a double zigzag. When this wave is over, we’ll see a new downtrend.
Daily. The pair is currently forming the second zigzag (Y) of [Y]. At the new week we’ll see the small increase of the price in the impulse A, after which the pair will start downward correction B. When the wave B is complete, the pair will rise in the impulse C.