WATCHING FOR BREAKOUT ABOVE THE NEW RESISTANCE ZONE.

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Hello Traders

Here is my view on EURAUD.

ON daily time frame price gone back to test the recent support and it has found
support again.

On my H4 chart you can see that price broke above the trend line and tested
flip support to act as new resistance. If you can monitor closely you can see
that while price going to test the resistance it was making series of minor hh
and hl. I will be looking for breakout of the resistance zone since price found
support on daily time frame.

Penafian

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