November 17, 2009 2:34 AM
AUD/USD Outlook
By yamashita
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0Hello.
Pulling up the AUD/USD, it seems that we're in a potential 3rd wave movement up. If that's the case, watch for the currency pair to continue downward to complete Wave 2. Once it has completed Wave 2, then look for the potential movement back up.
If the pair goes below the line drawn on our chart, then that invalidates this count.
If you haven't read about it yet, be sure you visit www.ProPipper.com for more information on the Currency Cowboy Trade Sheet.
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