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EURAUD: DOWNWARD SLANTING BREAKOUT-TASTY!

 

EURAUD successfully yet to break out the downward slanting; the surpass break out may bring the quotes to 1.5820 and give a solid confirmation for the downtrend. In case the chart continues declining below the 1.5780 sellers, the 1.5735-30 should be the next halt for the price range. If all the above got passed, the 1.5600-20 could be the target for the price range.

 

On the contrary, Moreover, there is no possibility for a reversal In case market continues sentiments with the bull, the 1.5969 will the instant resistance for the price range. The 1.61200 will be the halt zone for this case.

 
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24 Aug 2018 4:10 pm Posted by tamilforex

 
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