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dvdberg
Nov 11, 2012 4:45 AM

AUDSUD at Key Inflection Point Short

Australian Dollar/U.S. DollarFXCM

Description

Based on daily sentiment analysis, the AUDUSD pair is at an inflection point. It can go either way from here, naturally, but the sentiment indicator I use hints that the next move is down.

The light-blue lines are previous inflection points identified in real-time when they happened, which gives me some confidence in the probability that we are now at another inflection point.
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