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AUDUSD: Correction Within Downtrend

Discussion in 'Technical Analysis' started by Kaitlin, Nov 25, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    AUDUSD stays bearish as rally from 0.6900 was made in three waves, but based on latest price action we suspect that wave 4) will be much more complex than at first sight. We are looking at a triangle now that is placed within a downtrend of a blue wave (5)[​IMG]

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