EA H4 Technical Analysis Oct, 9th 2017 and trading set up

Positive-Medium term

Oct, 9th 2017

Analysis Explanation

EURAUD is in a rising trend and a continued rise within this trend may be expected.
In addition, the price has now broken up the 1.51 resistance, which should give a reaction up.
The currency has support at points 1.445
The currency is overall assessed as technically positive for the medium long term.





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