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Gurnoor
May 15, 2016 1:22 PM

Short EUR/AUD Short

Euro Fx/Australian DollarFXCM

Description

Indecision forming at current levels.
Although trend is bullish, price above 200 and 50 ema, there has been a struggle at current levels for the past week.
Could see a move downwards to 1.52000 area and price would then come back up to test level and have a chance of breaking through.
Will be monitoring closely to see what develops.
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