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Tuesday, February 18, 2014

AUD/NZD - Look fora rally higher towards 1.1048

AUD/NZD

I think we have seen wave iv end with the test of 1.0730 and will be looking for wave v higher towards 1.1048.
At no point should we see a break below support at 1.0653 (the top of wave i) as that would make wave iv overlap with wave i and that is not allowed under the Elliott Wave Principle.

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