AUD/USD: Elliott waves (Dec. 16)
Weekly. The pair continues building the wave [b] which takes the form of a zigzag. Now Aussie’s forming a final wave of this zigzag – (C).
Chart Weekly AUD/USD
Daily. At the moment, the wave V of (C) is being formed.
Chart. Daily AUD/USD
H4. The market is declining in wave (5) of . The pair’s likely to keep declining in this wave in the coming days. After that construction of the correctional wave  will start.
Chart. H4 AUD/USD
Roman Petuchov for FBS