Probably, Australian Dollar finished the zigzag in the wave 4. After completing the ascending impulse in the wave [c], the pair has started falling in the wave [i]. During the next several days, the price may fall and break its local low.
After completing the impulse in the wave (iii), Australian Dollar has started another correction, which may take the form of the zigzag. Later, after finishing the fourth wave, the market may resume falling in the wave (v) of [i].
AUD/USD, H4
AUD/USD, H1
RoboForex Analytical Department
