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MEX_Exchange

EURAUD Is Testing Its Resistance, Prepare For A Reversal

Singkat
Euro / Dolar Australia (FX:EURAUD)  
MEX_Exchange  
FX:EURAUD   Euro / Dolar Australia
Trend Analysis Harmonic Patterns Chart Patterns EURAUD EUR aud euraudshort Forex forexsignals Bitcoin (Cryptocurrency) bitcoinforecast
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trendanalysis harmonicpatterns chartpattern euraud eur aud euraudshort forex forexsignals bitcoin bitcoinforecast
Sell below 1.5997. Stop loss 1.6040. Take profit at 1.5923.
Reason for the trading strategy (technically):
EURAUD is testing its resistance area at 1.5997 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, 50% Fibonacci retracement) where we expect to see a reversal, causing price to drop to its support at 1.5923 (61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 95% where we expect to see a corresponding reversal.
Penafian

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