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Night_Trader
Jun 2, 2012 4:48 PM

FXA is quite oversold. It should pullback now. 

Invesco CurrencyShares Australian Dollar TrustArca

Description

I think we are very much oversold at this point.
The AUDUSD completed a measured move
and formed a hammer candle. The doji in FXA
at the 886 extension is not that strong, but I think
we could see a nice retracement rally from here
Comments
dolitt1e
Agreed.
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