EURAUD M30: Upsloping Channel

FX:EURAUD   Euro Fx/Australian Dollar
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This pair has been trending up within a channel. Its slope is quite benign, but up for sure. :-) The pair is also in a long-term up trend. The euro             is the strongest currency, whereas the aussie - one of the weakest. So it should work. However, if failed, a breakout from the channel would bring the pair down to the 1.444 area. The best of luck to all of you!