AUD/USD: Elliot wave analysis
Weekly. The pair has allegedly started to construct a rising wave [C]. Let's have a look at the detailed layout.
Chart. Weekly AUD/USD
Daily. We are seeing the first bullish impulse that hasn't been finished yet. The pair is now constructing the wave  of this bullish impulse.
Chart. Daily AUD/USD
H4. It is quite possible that the wave  takes a form of a zigzag. We could see a corrective upward move before the second zigzag leg. After the wave  the pair is likely to move up in the wave .
Chart. H4 AUD/USD
Roman Petuchov for FBS