Possible long on EURAUD

FX:EURAUD   Euro / Australian Dollar
At the moment we are at a very important arean. We have fibonacci confluence ; a 50% (1.1610-1.3180) and 23.6% (1.2160-1.3180). Also we have the 200sma at 1.24135.

This is a good reverse area as any, But considing fundamental circumstances i Europa, we should be careful. Long agianst 1.2370 looking for atleast 1.2800


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