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    AUD/USD: wave analysis on 23.11.2015

    An upward trend is strong.

    Assumingly, there is the formation of the fifth wave within an expected starting diagonal triangle of the senior level. Locally, the third wave (iii) seems to be developing. If the assumption is correct, the pair continues growing to 0.7400. A critical for this scenario is the level of 0.7067.

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