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    AUD/USD: wave analysis on 01.05.2015

    Supposedly, the first wave 1 is completed, with a wedge having formed within, as supposed. Apparently, a bearish correction in a form of wave 2 is developing now. A zigzag is expected to form within it. If the presumption is correct, after the local correction 2 is completed, the pair will continue to grow to a level at 0.8400. 

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