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Thread: EUR/AUD

  1. #1
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    EUR/AUD

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

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  2. #11
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    The Euro maintain it's bulls strength against the aussie since last couple of weeks and now market open with gap higher which is showing bulls will likely to continue today but if market start stall at this price then reversal would be seen in the chart

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    Price make the doji at the kevel 1.3438 and then after we see that trend reversal started in the chart so therefore for us the most key level is that if prices remain below the level of the 1.3438 that is means here we can see that trend will fall down

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    The Eur/Aud is strong making the pattern for the buyers , last week closing was positive and hence this market again will be more likely positive closing,market will try to retest the 1.4060 , and eur/aud made new higher of the year

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    Market is wondering one s and r level , but market here also gape up , but not giving it respect , immediate candles bears so more likely is that once market break the 1.3969 break down then selling , otherwise , eur/aud will make another this year new higher

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    day haven't yet half completed and Eur done a lot of movement already we can see prices remain above the dp since couple of weeks , R1 breach and then immediate R2 same and now market near of R3 so overall the eur/aud , making new higher of the year once again , bias bullish

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  7. #16
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    Market is giving the rejection to the R2 and coming back to the R1 where market has a very strong resistance between R3-R2 , if market goes below the r! then market would also goes daily pivot area

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    1.4220-4300 is the critical point for the eur/aud , eur is strongly bullish against the Aussie , if market break this level we would see that , euro is ready to maintain the bulls and ready f or another this year new high

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  9. #18
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    stochastic break 80 OB zone and now above of this , Eur make this year another new higher showing the control of the more bulls , market break one of the psychological level which was resistance 1.4228 now its becoming support if market c=hold this and above it then more bullish trend can be seen

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  10. #19
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    if the market successfully able to break the resistance created by the Doji which is the 1.4254 then we may can see that lot of buyers will enter , otherwise breaking of the our trend lines will open the ways for the seller to take entry

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    we got higher lower divergence at chart which we can see and market is getting resistsnace by the divergence pattern , if we looks the stoch , clear bounce from 20 zone and directly poitning upward , if trend lines break we can go for the long position

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