AUDUSD Potential 700 Point move

by admin on March 10th, 2010

The AUDUSD failed to exceed the previous high that it set in October, it then declined setting a lower low, potentially this is a reversal signal. You can also see that the last leg up put in an abcd pattern which failed so far to give AB=CD on the 13.3.2010 we would have an AB=CD in time, if the AUD fails to perform an ab=cd pattern by this time I would be bearish…..

Continued in the members area
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