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AUDUSD: Downtrend Continuation

Discussion in 'Technical Analysis' started by Kaitlin, Jan 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    A sharp decline last week took out the lower side of an upward corrective channel which is the most important evidence for a trend continuation, in our case to the downside. So with that in mind we suspect that wave 4) is over and that price is headed to a[​IMG]

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