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Currency Analyst since 2010

AUD/USD: weekly wave analysis

Weekly. The pair has finished downside correction [b] and starteda newupward wave.



Daily. AUD/USD has fully built the upward impulse (1). At the moment, the price falling in the double Zigzag (2). 



H4. First Zigzag w is fully built. Now a correctional wave bundle x is developing, the one which is connecting Zigzags w and y. This week AUD/USD will be forming correctional wave [b] of X.

AUD
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