Elliott Wave Analysis: AUDUSD Intra-day Correction

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Aussie came slightly lower in the last few hours, down to 0.8020 which can be seen as wave b that is part of a complex corrective recovery as talked in past update. As such, wave c is still missing before we may finally look for a new decline. There is a nice resistance at 0.8060-0.8070 from where new leg down may show up.


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