Is AUD/USD Approaching Wave 5 in a Bull Channel?

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AUD/USD has been trading inside of a bullish channel since making lows in mid-December and last night’s decline following a dovish RBA statement on monetary policy has seen the pair fall to test key support. The recent drop in AUD/USD looks to have been halted by the nearly 2-month long

Post Title: Is AUD/USD Approaching Wave 5 in a Bull Channel?
Author: admin
Posted: 10th February 2012
Filed As: Forex, Technical Analysis
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