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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Tuesday, March 6, 2012

AUDUSD at support..for the moment

AUDUSD 8 hr chart

At support around 1.0595.  Most significant event was the attempt to break out at 1,8 which failed.  If it breaks 1.0595 could be quick move to 1.05 before a corrective rally, or if support holds corrective rally could be happening now.

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