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Elliott Wave Analysis: AUDUSD Intra-day View

OANDA:AUDUSD   Dollar Australien/Dollar Américain
We see AUDUSD trading at the end of a temporary correction of wave four. Ideally Fibonacci ratio of 50.0 will offer some resistance and a new drop lower, into final wave five. A new five-wave drop can later then unfold within the blue wave five.

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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