AUD/USD Reward and Risk Assessment for Bullish Swing

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03-04-2010, 06:30 PM

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AUD/USD Reward and Risk Assessment for Bullish Swing

The Daily time frame shows a confluence of 2 swing projections and the 78.6% retracement level near the 92.0 area, and this has been established in recent posts as the target for the current intermediate term rally. We are now in a second swing that started at 0.88.

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