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STPFOREX

Probability of an Correction

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
STPFOREX  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Neo Wave
1
0
neowave
Two scenarios are possible
1. Wave d is expected to change the trend within the resistance trend line and the correction wave will move up to the specified support range.
2. If the price exceeds the support range, it will be possible to continue the correction process up to the specified Fibonacci range.
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