DeGRAM

DeGRAM | EURAUD rebound from dynamic support

Long
FX:EURAUD   Euro / Australian Dollar
EURAUD is moving in a descending channel between the trend lines.

The chart has reached dynamic support and a support level coinciding with the 62% retracement level of the last bullish impulse.

The previous reach of support was followed by a bounce twice.

We expect a rebound after the support retest.


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