Description: As shown above we FX:EURAUD is having bounced off weekly support numerous times
price is trading within a symmetrical triangle, so we can likely expect a break out soon. If price breaks out and closes above 1.49000
then we should see Weekly resistance tested a break of the weekly may see prices of 1.50500 - 1.52000..
Indicators: 200 Is currently above price on a breach of Weekly resistance we will likely see this tested.
Duration: Long Term
Decision: I will post an update however as shown on chart setup may look like this..
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