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Thomas Long, Course Instructor

That move down was as result of the volatility last Thursday, but the other pairs we are following showed no such move against the trend. At this time, I would hold off on any additional trades until the buyers are able to push this market up to a new recent high. So I would look for buys only after a move up through the 1.01524 high of May 6th.

audchf 051310


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