AUD/USD 7th Day Up; Wave Relationship at .9665 Could Cap Rally

AUDUSD has extended gains following the 10/10 outside day. In fact, today was the 7th consecutive advance. This is the first such instance since 11/5/10. -The rally from 8/5 consists of 5 distinct waves. A common relationship is equality between waves 1 and 5. In this case, wave 5 (from .9280) wo…

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