FX:EURAUD   Euro / Australian Dollar
Hey guys, last week we saw a break of the upwards trend-line by the weakening of the euro . Now the Euro has regained strength some what and is about to challenge the trend line again but from underneath (making it a swing). Its is highly likely that we will see a rection in the 1.49 to 1.495 area as it is then the trend line will get challenged, we should expect to see lows of 1.47 and even lower to maybe 1.43 level in the week/s ahead. Good luck


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