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    AUD/USD: Wave analysis on 27.02.2015

    Presumably, the third wave continues to develop. Within it formed the first wedge-shaped wave of junior level (i) of iii.  Correction within wave (ii) has started locally. If this assumption is correct and the price does not break a critical level of 0.7645, the pair will continue to rise to the levels 0.8060-0.8160 after correction.

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