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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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Wednesday, May 23, 2012

Ideas update AUDUSD

Aussie dollar...

Previous chart posted on May 8th 2012 full post here


Current chart
Rapidly approaching flag target at 9680
May overshoot a little
looking at longs from here

Sentiment seems very negative and conversely very positive for dollar




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