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AUDUSD: Post-Recession Moves

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Mar 01 2021

Hello traders,

Here is just a quick look at the big picture of AUDUSD following recent reversal down. It's good to remind ourselves where the higher degree trend is. What really caught my attention was a three wave recovery after 2000 dotcom bubble, and 2008 financial crisis, so we can be now still in the middle of that similar recovery that is made by "reversal,pause and continuation".

GH




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