MrVolcano

EURAUD - Break of trend line

Long
FX:EURAUD   Euro / Australian Dollar
3
Price had broken the short term downwards trend line, and has retested previous support which appears to be holding. Price has been in a range since October and I'm trusting that price will head higher and retest resistance at 1.45. 1.45 is confluent with the top of the range AND long term sideways trend line resistance level so it's sure to be an area to watch.
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