FX:EURAUD   Euro / Australian Dollar
The pair is swinging nicely taking advantage of the strong euro             . it has created a nice uptrend channel and seems to be ready to retest 1.60 and then 1.6255 .Technical indicators are bullish with macd getting ready to give a new buy signal.As a result i like to go long with sl 1.55 and target 1.60 and then 1.6250 .
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