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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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Saturday, May 05, 2012

AUD/USD and its Pink Diamond Pattern


This break below the 61.8% Fibonacci fan line on Friday (and the hold below the earlier break below the pink diamond pattern) is worth keeping an eye on on the AUD/USD forex pair...major resistance is at 1.0365 on this Daily chart below...the next MAJOR support is at 0.938.

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