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Monday, 10 December 2012

EUR/AUD H1 Udpate + TPI

Rationale:
Due to the bullish wave development in this correction wave (a) I expect more weakness to come after wave (b) is finished.

Entry:

Sell wave (c) from possibkle wave (b) highs from 38% and 50% Fibo:

Sell Limit 1.2375 - 1.2385
SL: 10pips.
TP: Below wave (a) Low

Take care,
Seb


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