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Drecocpt_

EURAUD WILL FALL FROM RESISTANCE.

Short
Euro / Australian Dollar (OANDA:EURAUD)  
Drecocpt_  
OANDA:EURAUD   Euro / Australian Dollar
Chart Patterns Trend Analysis
1
0
chartpattern trendanalysis
EURAUD has approached a very strong monthly resistance, it is expected to react to this confluence of resistance and a bearish movement is viable.

The chart is much more clearer on the 4hrs timeframe where the evening star formation is forming.

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