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bogd
Oct 4, 2015 10:53 PM

Clear Flag Pattern on EUR/AUD (1D) -- LONG-TERM Long

Euro Fx/Australian DollarFXCM

Description

Flags in general continue to go in the direction of trend and also looking at historical flag pattern formation particularly on EURAUD, it is clear, the trend will likely to be kept, so its just a matter of time to look for a good LONG entry!

If the rectangle area is crossed, I believe it will be the best time to enter, as RSI show stable upward trend too
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