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By Jamie Saettele, CMT, Sr. Technical Strategist 21 September 2011 16:06 GMT AUDUSD expectations over the next several days are for a correction of the decline from 10763 to unfold. Resistance is 10390 and 10450-10525 (50%-61.8% Fibonacci). However, the larger trend is down towards the August low at 9928. I prefer playing the downside for a bearish extension as long as price is below 10312.

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21 September 2011 16:06 GMT

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