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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Thursday, November 5, 2009

something to keep an eye on... AUDUSD

AUD USD  WEEKLY CHART Looking a little stretched..but still in uptrend...keep eye on

1. either a break of the trend line

2. or a signs of weakening rally..ie new high but not on RSI... (negative divergence)

3.  a break above horizontal line and USD is clinically dead!!


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