EURAUD correction complete? And going back up?

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Euro / Dolar Australia (FX:EURAUD)

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FX:EURAUD Euro / Dolar Australia

euraud long swing fibonacciretracement priceaction forex alexchan

With prices currently hovering around 61.8% levels with oversold RSI levels. We can expect the EURAUD correction to end around here at the 1.5605 region to head back further higher. However, prices may fall to the 76.4% before heading back up. With that being said, aggressive traders can enter now, or wait till a reversal signal has been made.

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Funny How it stopped right at my arrow. Magic?

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