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    AUD/USD: wave analysis on 09.11.2015

    Correction continues.

    Assumingly, a Bearish correction in the fourth wave of anticipated wedge in wave 1 continues developing. Locally, a finishing impulse within wave (c) of iv seems to be forming and if the assumption is correct, the pair starts growing after it ends. A critical for this scenario is the level of 0.6938.

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