LiteForex - Analytics


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AUD/USD: wave analysis on 17.06.2015

The pair is expected to grow.

Supposedly, the third wave of senior level 3 has started to form. Apparently, the first wave i of 3 is forming locally with the third wave of junior level (iii) of i of 3 forming within. If this assumption is correct and the price does not break the critical level 0.7594, it's logical to expect the pair to continue rising to the levels 0.7930–0.8160. 


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