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Dynamic Trader Blog - Forex Chart Pattern Signals

Monday, June 15, 2009

AUDUSD opportunity?

Good Evening Dynamic Traders,

I have posted a very short time frame chart on for tonight's post (60 minutes). The AUDUSD has done a pullback and is showing possible signs of re-starting its move up. We have MACD convergence relevant for a 123786, RN, and the reversal candles on display. There is also a tram track formation visible on the 4 hour chart. All of these suggest a possible continuation. Do ensure you do your own analysis and adhere to the requirements as per your trading plan before getting triggered.















Good Trading!
Bijal Shah

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