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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Monday, July 12, 2010

AUD/USD----Confirmed Double Tops and ready for its Plunge ??

On Daily Chart, you may spot that the Price Action has drifted below both the Pivot and Ichimoku Cloud Top Resistance  near 0.8720.

Please do refer to my recent posting on AUD/USD.

Now this currency pair is ready to head south with 0.8457(61.8% Fibo Retr) being the immediate target, as the Double Tops IS IMMINENT on daily chart.

Daily Chart

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