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Euro / Australian Dollar
Long

EURAUD - LONG SETUP

By Forex48_TradingAcademy
On EURAUD, we have a market that is consolidating on a demand zone after a sharp decline of 160 pips this morning following the release of the interest rate data in Australia. The goal now is to wait for a breakout of the high first in the 1.6403 area before looking for a rebound to enter long.

Let me know what you think.

Have a nice trading.

Forex48 Trading Academy
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