AUD/USD: Elliott waves (Dec. 23)
Weekly. The pair continues forming the wave (c) of [b]. The most important task is to determine the end point of this wave and trend reversal.
График. Weekly AUD/USD
Daily. The pair’s currently forming a final impulse wave V of (C). For now, this wave doesn’t look complete. We expect the decline to continue in the coming week.
Chart. Daily AUD/USD
H4. The pair may have finished the wave . We see the very beginning of the wave , which can take the form of extended horizontal correction or a flat. After the wave  is formed, the decline in the wave  will continue and the bears will at least renew the low.
Chart. H4 AUD/USD
Roman Petuchov for FBS