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AUD/USD: Wave analysis on 11.03.2015

The AUD continues to fall. The fifth wave of a long-term bearish impetus continues to develop on the daily time-frame. Only the third wave (3) of 5 is currently nearing completion. If this assumption is correct and the price does not break the critical level 0.7846, it's logical to expect the pair to drop to the levels 0.7480-0.7400 within the third wave (3).

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