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AlejandroFX Jan 31, 2012 6:37am | Post# 1

AUD/NZD Technical Analysis 01.31.12
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As we see many times, when two currencies are getting stronger against the USD, the cross of them does not show a clear trend. The weekly chart shows that the level of 1.285 is a pivot point in an accurate triangle. The simultaneous pressure of both buyers and sellers creates this pattern, and stochastic high levels show that the pair might continue down from the current levels, though the direction might still change due to the strength of these two powerful currencies.
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Alex2222 Aug 1, 2013 2:51am | Post# 2



Red Herring Aug 2, 2013 2:02am | Post# 3

Its better not to waste time on currencies that do not show a clear trend because I do need to trade all, right? Watching 7/8 pairs everyday to trade 2/3 of them...

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