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AUD is going to drop to 62/64c. RBA is going to halt rises

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
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FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Wave Analysis AUDUSD audusdshort audshort
3
0
trendanalysis harmonicpatterns waveanalysis audusd audusdshort audshort
AUD is going to drop to 62/64c for a number of reasons

-RBA is going to halt rises
-AUD economy is not good
-25% of Australians are now negative on their home loans
-Retail sales are dropping and spending is decreasing
-Banks are not stable

AUD might head up 1c before dropping 3-4c
or it might drop a few cents in the next month

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