$AUDUSD- Flag Break? | Marketfy

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$AUDUSD- Flag Break?

By Pro Act Traders — Author

Currently weare at 0.9102 in a bear flag which is bearish for the Pair. Wecould also have a head in shoulder pattern in place for a bullish move. This is a 2 part trade opportunity. 1) We are looking for a bearishcontinuation to the support area @ 0.8991 and 2) the next target the 5^thwave S6 @ 0.8935. The averagedaily true range (ATR) for the pair currently is 100 pips.

Posted to Introduction to Forex Targe… on Dec 11, 2013 — 9:12 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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By jennifer santiago — 3 years ago

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