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    AUD/USD: wave analysis on 14.10.2015

    Pair is in correction. A growth possibility remains.

    Assumingly, the formation of an upward impulse within the third wave iii of 1 of a supposed wedge has finished. Locally, a correction within the fourth wave seems to be forming. If the assumption is correct, the pair continues growing towards the levels of 0.7470, 0.7500 after correction ends. A critical for this scenario is the level of 0.6933.


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