NFFX

EURO/AUS - Key Resistance Area

FX_IDC:EURAUD   EURO / AUSTRALIAN DOLLAR
This pair is now at an interesting level, i took profit on my long trade late in the week as it hit my target area, we have now reached a key monthly Resistance level and the top of this textbook channel...we could potentially see the next leg down to test the bottom of the channel once more, or we could indeed break the channel and resistance either way i'll be monitoring this pair closely for price action to lead the way!
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