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EUR/AUD - Euro Australian Dollar

Real-time Currencies
Currency in
AUD
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1.6494
-0.0002(-0.01%)
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EUR/AUD Discussions

it seem soon it will go depper as always
no, this time it will break through the resistance area and go up to 1.6080. then it will continue to down move to 1.5830
bro its very hard to break this resistance see the chart u will know what happens next. btw trust ur own analysis and MM is the key of trading. make sure use good risk to avoid amssive loss..
looking at the big picture u will see an uptrend and inside that uptrend there is a strong up move since july 6. that up move needs a retracement on the intermediate-long term uptrend...also that strong up move is with the formation of Eliot wave theory and now we are at the support of wave (A) and three four days from now the price will go up to wave B at 1.6080 then it will decline again. also from a daily perspective the price has formed a higher low for the first time inside that range. the price now has formed an ascending triangle.. also the RSI is forming higher lows since august 5..so based on that the price will break through the supply area sooner or laterthat is my overall analysis and im not saying that it is 100% and im not giving a financial advise
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