FOREXCOM:EURAUD   Euro / Australian Dollar
The fundaments for today are in line with a long position on this pair. The state of the market on the 1H was a range, but the price broke this range. Price broke the highest price of yesterday's New York session with 60%. This breach has a fibonacci pullback of 61,8%. on the 3m chart there's a v-formation with several test and sellers getting weak.
Trade active: Entry price: 1.61517
Stops: 1.61227
Target: 1.62155
Trade closed: stop reached: Sellers still strong


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