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EURAUD Approaching Resistance, Potential Reversal

Short
Euro / Australian Dollar (FX:EURAUD)  
ICmarkets Broker  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURAUD EUR aud euraudlong euraudshort Forex forextrading forexsignal
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trendanalysis harmonicpatterns chartpattern euraud eur aud euraudlong euraudshort forex forextrading forexsignal
EURAUD is approaching its resistance at 1.5979 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where there is a potential to reverse down to its support at 1.5745 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a there might be a potential corresponding reversal.
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