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Created: 05/30/2010 06:14:17 AM - Followers: 0 - Board type: Free - Posts Today: 0
Trade Idea: EUR/AUD - Sell at 1.4490; Target: 1.3930 ; Stop: 1.4630. =========================================================================== EUR/AUD's sharp fall last week suggests that medium term down trend is resuming and a break of 1.4490 support will confirm this case and target lower trend line support (now at 1.4280) or further to 1.3930 (last low). While some recovery might be seen, break of 1.5400 resistance is needed to be the first sign of bottoming. Otherwise, outlook in EUR/AUD will remain bearish. "P&F EURAUD1440 Box Size 250X3 or(4.28%) HI/LO Data 2.1126 - 1.3928 ~ 48 Month ~ 1479 Day Database 1050 records 1.44786 (Last Close) 2006-05-10 00~00 2010-05-28 00~00 (GMT+01:00) Paris [URL=http://docs.google.com/View?id=dcftkq53_152grsnq5c3]BJF Trading Group[/URL] MDunleavy chart" [URL=http://iticsoftware.com/postimages/201005/BJF-Trading-Group-EurAud0528.PNG][IMG]http://iticsoftware.com/postimages/201005/BJF-Trading-Group-EurAud0528tumb.PNG[/IMG][/URL] [URL=http://iticsoftware.com/postimages/201005/BJF-Trading-Group-EurAud0528.xls]BJF-Trading-Group_Excel_Chart[/B][/URL]
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