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Euro / Australian Dollar

EURAUD: SELL

By ifanwar
Updated
There is a continuation of bearish trend more evident on 4 hourly chart. I am again on sell side. Hourly closing below R1 also supports the idea. My entry is @ 1.55059 with a stop loss @ 1.55850 in line with S 3.
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Trailed stop loss down to 1.54900.
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In this post each R stands for support and each S stands for resistance.
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Trailing stop loss hit
Trend Analysis
ifanwar
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