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    AUD/USD: wave analysis on 09.10.2015

    A correction and growth continuation is expected.

    Assumingly, a development of a Bearish correction within the second wave ii have finished. Locally, the third wave seems to be forming, within which an impetus is developing. If the assumption is correct, a small correction within wave (iv) and a growth continuation towards the level of 0.7370 can be expected in the near future. A critical for this scenario is the level of 0.7150.

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