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EURAUD – Major Resistance Zone Ahead. Selling Opportunity? (Daily Chart)
Price Action Context
LT we’re in a big range between 1.53 and 1.63. The lows are building over the last 2 round trips to the key resistance zone ~ 1.6250 and 1.6350. There is also the spike high from Dec. last year which goes up towards 1.67.
LT neutral while inside this large zone, ST bullish as …... Keep reading