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Wednesday, March 14, 2012

AUDUSD Update

 I am watching for a big reversal in AUDUSD. It seems that we are really close to a reversal confirmation, so I am looking for a move above 1.06. NZDUSD and AUDCAD expected to reverse higher as well. Just keep in mind that in case we fall bellow 1.0350, this will be a very strong indicator that the uptrend in AUDUSD is over!!!

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