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AUD/USD: wave analysis on 15.01.2016

A growth possibility remains.

Assumingly, a Bearish correction within wave 2 has formed. At present, a downward impulse within wave c of 2 seems to have finished and a starting impulse of the junior level i of (i) has formed. If the assumption is correct, the pair continues growing towards 0.7300, 0.7500. Critical for this scenario is the level of 0.6904.


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