LiteForex - Analytics


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    AUD/USD: wave analysis on 29.05.2015

    The Australian Dollar continues to drop due to a bearish correction. The final wave c of 2 is nearing completion locally, with an impetus developing within. The price has reached a level of 62% (0.7740). If the price does not break the critical level of 0.7530, a reversal may form soon and the pair will start rising. 


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