EURAUD: Sideways Market and Consolidation

By VasilyTrader
snapshot

EURAUD is trading within a wide horizontal range for more than one week.

this morning the price reached its support and with high probability, the green structure will be respected.

with double bottom formation and bullish violation of a minor resistance, chances are high that the price may recover.

target levels:
1.635
1.64
audaustraliandollarChart PatternsCurrenciesDouble Top or BottomEUREURAUDeuroforecastfxTechnical AnalysisTrend Analysis
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