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Euro / Australian Dollar
Short

EURAUD Reversed Off Resistance, Potential For Further Drop

By ICmarkets
Broker
EURAUD reversed off its resistance at 1.5954(61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 1.5734 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
audChart PatternsEUREURAUDeuraudshortForexforexsignalsHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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