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March 8, 2012

AUD/USD – Pullback Being Faded Back Below 1.06

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We looked at a possible trade plan to fade a pullback in the AUD/USD and this pullback did materialize in the 3/8 Asian-European session, but stalled entering the US session. The pullback came up to 1.0660 (50% retracement of the 1.0816-1.0507 swing). Throughout the morning risk events that included... FF News: Technical

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