fxnatureplus

Long position EURAUD

Long
FX:EURAUD   Euro / Australian Dollar
As can be seen in the chart, the price is moving in the drawn channel, which has returned to the bottom of the channel at 1.5274 after hitting the level of 61.8% Fibonacci. On the other hand, we can expect the formation of the head and shoulder pattern with Shim. Therefore, when the price reaches the bottom of the channel, we will buy
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