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FaisalAlSawadi

False support break and breakout through down channel

Long
Euro / Australian Dollar (FX:EURAUD)  
FaisalAlSawadi  
FX:EURAUD   Euro / Australian Dollar
7
1
The pair is showing that the historical support level of 1.4110 is still intact after - what appears to be - a false break as in the highlighted area. Besides, there is a break out from the down channel, all indicate a moving up is likely..
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