ForexTrendline

Triangle I EURAUD

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FX_IDC:EURAUD   歐元/澳元
We are in a downtrend at EURAUD. At the same time, the price fails to make lower bottoms and peaks, but closes in a triangle.

This allows us to look for an entry here after a break!

Support levels:
1.6014
1.5980
1.5925

The scenario fails down when the previous peak breaks.

If you have questions about how to trade this or another situation, contact us!

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