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Elliott Wave Analysis: AUDUSD Breaking Higher

OANDA:AUDUSD   澳元/美元
AUDUSD has finally turned up after very deep, slow and overlapping price action, that we see it as wave 4). This leg now appears completed after recent break out of a downward channel that we see it as start of a new leg up; wave 5) back above 0.8070.

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

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