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AUDUSD Triple ZigZag in Its Final Leg
AUDUSD seems to be forming a triple zigzag in cycle wave b. The bullish pattern consists of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The current structure suggests that we are in the final wave. Wave Ⓩ is a standard zigzag (A)-(B)-(C) of the intermediate degree. In the short term, we can expect AUDUSD to rise in minor wave 5, near 0.753. In this area, wave b will be at 76.4% of wave a.iate degree. In the short term, we can expect AUDUSD to rise in minor wave 5, near 0.753. In this area, wave b will be at 76.4% of wave a. An alternative scenario suggests that primary wave Ⓧ has not completed in full. The formation hints at ... (full story)