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Much hyped AUD-USD..

On top is the monthly chart.
For Analysis of 1st October, I predicted the price of 0.8758 but somehow price shoots up to 0.95281(High) closing at 0.93223 .still i am bearish to the pair ..no sign of proper reversal .Uploading filtered key demand and supply area for proper viewing.. the small support area is near 0.8790(blue line) which the pair hasn't tested yet.and 50% retracement level is at 0.85444..Too much "KANGAROO TAILS" are there .which are good indication that down trend will continu…
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Following Fibo rules

This pair, whenever retraces, it's always big...previously the retracement was nearly 78.6%, and this time it already trading below 38.2% level..(see image -1= monthly )Expecting price to reach near 61.8% i.e 0.7950 level but not so soon... a very small support is there at 0.8790....expecting the price will retest it several times in next 7-8 weeks..before it reaches to next demand area
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VTTG 11 Sep.

Great job

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Update:- There is much news in the market about Aussie pull back..but i can't find any such pullback confirmation now..still i am bearish in this pair. still i am optimist about my target. even if it hit or miss this month's closing , i will give a detail analysis for 1st DEC,2013

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