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Jul 17, 2015 8:35 AM

AUSNZD a reversal point ? Short

FX:AUDNZD1D
Australian Dollar/New Zealand DollarFXCM

Description

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A possible reversal point after completion of 4th wave correction and starting down on minor (iii).
Target 1.6182 x (i) @ 1.0710 with tight SL 1.1406 @ invalidation of wave count where it breaks upper channel line.
Now R/R is about 7.0.
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