LiteForex - Analytics

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    AUD/USD: wave analysis on 05.10.2015

    A growth is expected.

    Assumingly, a bearish correction in a form of the second wave ii has finished. Locally, a development of the third wave seems to have started. If the assumption is correct, a growth in the pair is expected in the near future. A critical for this scenario is the level of 0.6935.

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