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Aud/Usd Slightly Lower Within Corrective Movement

posted by Avatar ew-forecast 349 days ago in USD, AUD, Technical

Aussie sold-off from parity two sessions back, so it seems that wave A) top is in place, and that current weakness is wave B); second leg of a pull-back from 0.9580. We know that we need three waves with wave (4) pull-back so more sideways or even bullish price action to come after wave B). Meanwhile wave B) may fall to 0.9700 support.
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