The market manipulations analysis of the AUD/USD by Alexey Portnov for July 18, 2011

The AUD has reached the above mentioned levels, however we did not see the expected growth. At the moment the pair is correcting above the 1.0585 level. A double bottom was formed; therefore we should not eliminate the possibility of Friday’s supply levels to be tested. In case of a decline we should expect the 1.0585 level to be passed.
Trading recommendations:
-sell from the supply levels

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