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Technical Analysis EUR/AUD | InvestmentBell

AnalysisForexTechnical Analysis EUR/AUD

Technical Analysis EUR/AUD

The EUR/AUD prices have clearly risen and reached pivotal levels. Currently, in the event of an upward movement and a breach of the upper side of the triangle at the price of 1.6355, with a close above it, there will be a strong buying opportunity with targets reaching 1.6400 as the initial goal. However, if the price remains below these levels, a decline and selling are more likely.

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