Now I aint saying for certain sure, as my reads on AUDUSD (bearish) last 2 days have been wrong, but... as per this hourly chart, If the large Red Numbers on Price are correct re wave counts, then wave 3 OFTEN bterminates at the 1.618 extension of wave 1, with price this close and a little weak, potential for entering reasonable shorts to get a 4the wave down capture are getting higher probability and lower risk the closer price gets to the (IGMarkets level) of 1.01
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