EURAUD - has made half of the way
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I also have other variants but here I first post this long-term view.
If the development runs like in the chart or similar, then EURAUD has even more space upwards but in about 6 years, then the red C should make a long journey down and finally touch the middle of the pitchfork.
But before that, I expect one of the following months to target the SMA 50.
*** Should 1.5377 be broken and closed lower (next year - monthly), then new TA will follow.
Note: Ichimoku cloud is still green on a monthly basis, as well as on a weekly basis, so I would advise to pay attention to 1.5377 when the time comes.
If the development runs like in the chart or similar, then EURAUD has even more space upwards but in about 6 years, then the red C should make a long journey down and finally touch the middle of the pitchfork.
But before that, I expect one of the following months to target the SMA 50.
*** Should 1.5377 be broken and closed lower (next year - monthly), then new TA will follow.
Note: Ichimoku cloud is still green on a monthly basis, as well as on a weekly basis, so I would advise to pay attention to 1.5377 when the time comes.
Note
Note
If next M15 candle does not close above 1.6321, then I look for short.
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