SusmitBanerjee
Short

EURAUD Short Term Sell Setup

FX:EURAUD   Euro / Australian Dollar
The pair turned down sharply failing to hold on its positive momentum holding above the rising trend line resistance which was projected in my previous update. Going ahead, prices on any recovery are likely to hold below 1.6070 and witness renewed selling pressure and turn weak towards 1.5850 in short term.
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