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Feb 10, 2022 5:18 AM

EURAUD buy idea Long

Euro Fx/Australian DollarFXCM

Description

Hello,

I will be looking at this area for my buy on this pair. Here are my reasons:

1- We had a break of structure to the upside on the weekly timeframe
2- Same phenomenon happened on H4 and confirming the trend, we have successive higher highs, indication of an ascending trend
3-There is a volume divergence at the area of entry, sellers were exiting and buyers were entering the market.

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