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GBPAUD – Posting same wave again!

Mon, Oct 26 2009, 12:49 GMT
by Anthony Samaha

ForexSurvivor


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(26October US) Latest Impact: GBPAUD – Posting same wave again!

 

            GBPAUD, after passing a warn 2 weeks ago that a climb was on the way slowly towards 17900 and the pair managed to go beyond the target by a figure, last Friday it fell back to a support zoning band @ 176-175. This crucial zoning 17600 – 17500 is a buy level again for a trendline resistance aim dated Aug-Sep which reads today18200. Only a closing back below 17405 halts the ascending channel temporarily, which may happen, as AUD Dollar up trend is not giving up yet, not before visiting 9400/9450. If that bearish close materialises, only buying back the close above 17600 is important to hit the 18200.

 

 

 

 

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The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****

 

Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.

 

 

 

 

 

 


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The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. **** Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.

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