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Apr 16, 2024 10:01 AM

EURAUD possible fake BREAKOUT of PREVIOUS week high Short

Euro Fx/Australian DollarFXCM

Description

The market is moving sideways near the resistance zone. It does not show signs of bullish strength. It is worth noting that the price broke the previous week high. I think the market will take liquidity above the PWH and then roll back. I expect to fall from the resistance zone and retest the middle of the range zone. My goal is to support level 1.64600
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