Sunday, March 13, 2011

Aud/Usd : Corrective rally to the top

Aud/usd has been in a range for a few weeks now. But it now seems that price is ready to break out of this range to the upside. I'm counting the range as a wave x of Y. We should now be starting the final rally, y of Y, which could take price to the ideal target zone of 1.1470 to 1.1580.

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