EvanJones

Oscillation to continue for a while...

FX:EURAUD   Euro Fx/Australian Dollar
29 0 2
The EURAUD             has been forming two triangles in a move expired to consolidation or a battle between two economic states where strength is relatively mixed and neither is taking the direction.

Expect some consolidation in the next few weeks, we should expect a move towards the upper triangle as part of the longer term move backed by some divergence shown on the RSI .

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