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| | |-+  Trade Idea: AUD/USD ?Hold short entered at 1.0170
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machala
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« on: March 07, 2011, 11:13:23 pm »

Trade Idea: AUD/USD ?Hold short entered at 1.0170

<p>Despite Friday?s retreat to 1.0075, as aussie has rebounded from there to 1.0159, suggesting caution on our short position entered last week at 1.0170 and said intra-day resistance needs to hold to retain bearishness for another retreat. A break of said support at 1.0075 would suggest the rebound from 0.9944<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/nM9AKQDmQtg" height="1" width="1"/>

Source: Trade Idea: AUD/USD ?Hold short entered at 1.0170
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