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AUDUSD: Price In A Complex Correction

Discussion in 'Technical Analysis' started by Kaitlin, Dec 1, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    AUDUSD has turned up recently, into wave C trading towards 0.7300 area. But despite very strong recovery we are still observing idea of a triangle in wave 4) because of corrective personality up from 0.7000. If we are correct, then current gains should be limited near 61.8% Fibonacci for wave[​IMG]

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