DeGRAM

DeGRAM | EURAUD breakout of the ascending channel

Short
FX:EURAUD   Euro / Australian Dollar
EURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance. 

The market made a divergence at the resistance level, and the price bounced off the psychological level of 1.64000.

Price is likely to go down to the next support level of 1.63000.


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