There remains potential for a large recovery back to the mid .70s given the 5 wave drop from the top (waves a and b of an a-b-c correction would be close to complete).
Bulls may attempt to ‘pick’ this bottom given that the AUDUSD has held above the October low.
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Showing posts with label Australian Dollar. Show all posts
Showing posts with label Australian Dollar. Show all posts
Wednesday, December 3, 2008
Australian Dollar Technical Outlook
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