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Currency Strenght

Wednesday 8 January 2014

AUDUSD 50/50



AUSSIE was unable to stop the Downward pressure in December and headed for a new low by the end of last year and wave C should head lower towards 0.8066 and 0.8311 travelling the same distance between wave X and A now consolidating with a range 0.8988 and 0.8837
expecting a relief rally on a break out or a bearish Drop to continue the trend down 

Alternative Bearish View






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