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Aussie; Fibonacci Target at 0.8500-0.8600 Area, Gold; Bullish Structure

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 4, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Prices on aussie are trading higher with an impulse structure approaching our upside targets. The red wave V is confirmed now since prices broke through the red wave III, 0.8335 highs. The first target, around the 61.8% area has already been reached during the past sessions, where it may be...

    complete article here...

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