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soundfx
Jul 3, 2014 6:40 PM
Divergence points to a turn south, possibly to 8200 or lower.
Short
FX:GBPAUD
15
British Pound/Australian Dollar
FXCM
Description
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Jul 3, 2014 6:40 PM
This kind of very sharp divergence is usually quite a reliable sign of the steam being taken out of a market. Expecting a pullback to maybe the 8200 area. Could be until next week.
Divergence
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