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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, February 4, 2010

Currencies crucial levels..



Cable




Aussie dollar

Euro chart from October 09  click to see where we were..

and where we are now.  Euro looks like headed to 1.3760 support...but the major trend is now down after the break from the wedge.  If Cable breaks down through 1.57, it may be worth buying euro vs cable..

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