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EURAUD Reversed Off Resistance, Potential For Further Drop

Corto
Euro/Dólar Australiano (FX:EURAUD)  
ICmarkets Broker  
FX:EURAUD   Euro/Dólar Australiano
Trend Analysis Harmonic Patterns Chart Patterns EUR aud EURAUD euradulong euraudshort Forex forextrading forexsignal
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trendanalysis harmonicpatterns chartpattern eur aud euraud euradulong euraudshort forex forextrading forexsignal
EURAUD reversed off its resistance at 1.5520 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 1.5431 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 94% where a corresponding drop is expected.
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