FX_IDC:EURAUD   Euro / Australian Dollar
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I'll be taking a short position from the daily pivot .

Factors of confluence:

- High test on the daily chart (failed to break previous high from months ago)
- Consolidation on daily chart
- Double top on 4hr chart
- LL's and LH's on 4hr and 1hr chart
- Psychological level of 1.5000
- Break below 100 EMA on 1hr chart
- Pivot point coincides with 100 EMA
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