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$AUDUSD- bounce or break ?

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Currently we are at 1.0414 at  the.786 Fibo/trend wall.  Option 1) break down to the double bottom @1.0348.  Option 2) bounce back to the R5 resistance @1.0497.  The current average daily trading range (ATR) is 77pips.

Posted to Introduction to Forex Targe… on Apr 15, 2013 — 9:04 AM
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