DeGRAM

DeGRAM | EURAUD price deceleration at the support level

Long
FX:EURAUD   Euro / Australian Dollar
EURAUD rebounded from the support level; creating a false breakout.

Price decelerated while approaching the support level.

The market has reached a significant level on the daily chart, so it makes sense to take advantage of long trading opportunities.

We expect a bullish move to potentially break out of the descending channel.


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