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EURAUD: Bearish Bat Pattern At Key Resistance Zone

FX:EURAUD   Euro / Australian Dollar
Price in the weekly chart has formed a pin bar after retesting a key resistance level plus the .618 fibonacci level of the 1.53262 - 1.36771 leg. In that level we indetified a bearish bat pattern which makes our short setup much more powerful.

In this image you can see the setup in the weekly timeframe:
snapshot


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