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Time to short EURO and AUD

14-01-2008 - S. Sivaraman  |   Signals
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Contrarian moves are seen in the market - like EURO/USD rising and GBP/USD drop to handle the EURO/GBP cross.The final trend reversal move is happening in AUD and time to sell around 0.8990-0.9009 area.Euro is expected to slide from the peak 1.49 area and time to take short in it.They will slide EURO and firm up GBP/USD to drop EURO/GBP.Hence we can short Euro and wait to take short GBP after the rise.

Regards

Dr.S.Sivaraman

dr@i-knowindices.com
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