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Art_of_Trading
Feb 26, 2016 7:32 AM

EURAUD: POTENTIAL CYPHER / Nice R/R Short

Euro Fx/Australian DollarFXCM

Description

On FX:EURAUD, the price moves sideways. There is a potential cypher pattern, which gives an opportunity to go short. Moreover, the price going close to resistance at 1.5397, which gives an additional support to this pattern validity.
T1 - 38.2%
T2 - 61.8%
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