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Friday, December 11, 2009

AUD/USD - Short term bearish signal



The failure break above the upper resistance line of the "Andrews Pictfork" is a very bearish short term signal. It should only be a matter of tíme before the low at 90.13 will be broken.

The aggresive trader would sell here with a stop just above the high at 91.94 (Risk is less than 1%)

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