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    AUD/USD: wave analysis on 17.11.2015

    The pair is in a correction. A growth is still possible.

    Assumingly, a starting impulse as wave (i) within the fifth wave of an expected diagonal triangle has formed. Locally, a correction within wave (ii) seems to be forming. If the assumption is correct, the pair is likely to continue growing when the correction finishes. A critical for this scenario is the level of 0.7014.

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