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Fxprotrader
Feb 9, 2017 2:47 PM

EURAUD Price at a Strong Support Level Long

EUR/AUDOANDA

Description

Although we are in a long-term downtrend, I have started watching for a buy setup in the lower timeframes as I see price having reached the lower quartile of the modified Schiff pitchfork which has previously acted as a support several times. I will update if I have any setup completion.
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