Elliott wave analysis of AUD/USD and NZD/USD

(Please double click on the charts to see them better)

AUD/USD:

 

Wave 1 of C ended at 0.8819 and we should now see a correction towards the 38.2% corrective target at 0.9178. This is also where we find the top of wave iv (at 0.9167) of one lessor degree.

Once this wave 2 correction is over we should see a new powerful decline in wave 3 towards at least 0.8247.

NZD/USD:

Didn't manage to break clearly below support at 0.8143 and thereby kept the triangle alive. We could be at the end of wave e of the triangle however, a break above 0.8334 will indicate, that we only have seen wave a and b of the triangle and wave c is developing.
However, if resistance at 0.8334 holds firm for a break below support at 0.8226 we should Count it as wave e and expect a powerful decline towards strong support near 0.7800.