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| | |-+  Trade Idea: AUD/USD ?Stand aside
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Author Topic: Trade Idea: AUD/USD ?Stand aside  (Read 4404 times)
machala
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« on: February 18, 2011, 11:03:22 pm »
Trade Idea: AUD/USD ?Stand aside

The Australian dollar rebounded in part due to cross-buying and has continued to edge higher after breaking indicated minor resistance at 1.0058, suggesting the retreat from 1.0201 has ended and gain to 1.0160/70 cannot be ruled out, however, break of said resistance at 1.0201 is needed to turn outlook bullish<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/pNRvtRXBk60" height="1" width="1"/>

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