VasilyTrader

EURAUD: Sideways Market and Consolidation

Long
FX:EURAUD   Euro / Australian Dollar

EURAUD is trading within a wide horizontal range for more than one week.

this morning the price reached its support and with high probability, the green structure will be respected.

with double bottom formation and bullish violation of a minor resistance, chances are high that the price may recover.

target levels:
1.635
1.64

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