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September 20, 2012

AUD/USD – Bearish Correction Completes a Head and Shoulders

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Head and shoulders: The AUD/USD continues to retreat after a pullback failed to return above 1.05 during the 9/19 US trading session. The late 9/19 US session and the 9/20 Asian-session then saw the pair fall below the 1.04 handle, completing a head and shoulders pattern seen in the 4H chart. The... FF News: Technical

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