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AriasWave
Jan 5, 2021 10:55 PM

AUDUSD - Tracking Minor Waves - Still No Long Setup 

Australian Dollar/U.S. DollarFXCM

Description

The recent move in the AUDUSD is indicative of an Expanded Type-2 Zig-Zag for Wave D.

This how strong this trend is. The resulting move will be sharp and direct.

See previous related ideas below.

We still have not seen Wave E so I would advise to wait for this wave to happen before assuming a long position.

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