completing b wave, now in its midway for minor wave 5 down, will start the correction with wave C, to end above start of wave b.
multiyear trade similar to uscad. dont miss it.
multiyear trade similar to uscad. dont miss it.
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only option to further upside *before a new low* is a rare fifth wave truncation. Still, Im long AUD as the prospects are way up back to 2011 highs.
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wed 25th, so far all the way up from .72
'now at .76, a retracement to .74500 , bottom of wave 4 , would be normal
'now at .76, a retracement to .74500 , bottom of wave 4 , would be normal
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wave 5 of this rise topped a .75669, wave a bottomed at .74970, wave b of this rise topped at .76071, wave c currently in progress should bottom at .74500
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STOP, Reverse!!! go USD LONG now for until new high on USD DXY
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USD died. go gold!
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i dont buy the usd bounce. AU should remain long term a best choice over the USD. As many as 30 cents up pending to be seen .