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    AUD/USD: wave analysis on 21.07.2015

    A correctional growth is expected.

    Assumingly, a development of the third wave of the senior level 3 is finished, within which a formation of the fifth wave v of 3 has completed. If the assumption is correct and the price does not break down a critical level of 0.7320, expect the pair to grow within a correction in a form of the fourth wave towards 0.7500. In case of the breakdown of the level of 0.7320, the wave structure of the third wave would continue getting longer.

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