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Thread: EUR/AUD

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    EUR/AUD

    Thread for EUR/AUD discussion - latest news, technical analysis, forecasts and opinions.

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    11.JPG
    The analysis at the 4H time Frame:

    it's seem looks alike a very good bearish here . the market just retracement from its supply zone and market start breaching fibo levels as we can see it clearly , further already Stohastic going in same . so what we should expect now , a sell position.

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    eurauddaily.png
    time frame :1D
    SSeeing the big pictue of this pair , bias is that we would see the more positive momentum and bullish is runn ing on, the yesterday candle close with lot of buying pressure , which would be contine today , the trend channel is also heading upward , breaking 1.2662 lev el brings more buying pressure

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    eurauddaily.png

    The pair Eur/Aud is good in buying for now, and bullish trend will remain to contine the trend if prices goes upper more than 1.2724 and i think 61.8 fibo levels will get touch before market retrace

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    eurauddaily.png

    The pair Eur/Aud is good in buying for now, and bullish trend will remain to contine the trend if prices goes upper more than 1.2724 and i think 61.8 fibo levels will get touch before market retrace

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    euraudh4.png
    Eur/AUD , market after breaking the resistance , reach to another quickly with

    minor retracement bnut it could not be able to reach even the near of next

    levels of resistance 1.2784, bias is still strong for the bullish trend , it if

    candle break down

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    euraudh4.png
    Eur/AUD , market after breaking the resistance , reach to another quickly with minor retracement bnut it could not be able to reach even the near of next levels of resistance 1.2784, bias is still strong for the bullish trend , it if candle break down

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    gbpusdh4.png
    From the candlestick basic view what's happens when a trend start breaking down we we gi the consolidation we got lower higher price divergence which is good sign for further price movement and couple of before there was doji so more likely prior downtrend getting steam off ! but if price did not able to get break through 23.6 fib level then down again start and will stop likely near Support levels

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    market is in good format for the bulls as per one thing is interesting current candle trying toi make the doji but much time there and market try to go beyond the level 38.2 but get failed in this trend power and again market is in tight range but more likely is that market will breach th 38 and then extend the rally upwards

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    Price is testing the again higher at the chart 1.3374,80 is classical point for Eur/AUD, because if we just see backward in the chart we can see the pinbar pattern which showing the strength of selling will be here so might be its correction before rally downwards

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