Mihai_Iacob

EurAud- Strong reversal from support

Largo
OANDA:EURAUD   Euro/Dólar Australiano
Since 22 September, EurAud has dropped almost linearly and the price fell almost 1000 pips and has reached 1.6350.
This zone is a strong support one at this point and acted as such in the past 4 years.
I expect this support to hold once more and the pair to rise and challenge 1.69 resistance
Dips against 1.6350 should be bought

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