200PipsClub

Very important floor may be at risk.

Short
FX:EURAUD   Euro / Australian Dollar
0
This support has proven to be a significant one marked by previous resistance,61.8% fib,trendline and 200 period SMA . Price bounced back from here four times.Now price is trying to breach below this support once again.If price is able to hold below 1.525,a significant downward move may take place given the ECB's hint at the most recent meeting for more potential stimulus in March.Any trade update will be posted here.

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