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DeGRAM | EURAUD market keeps price in range

Short
DeGRAM Mis à jour   
FX:EURAUD   Euro / Dollar Australien
EURAUD is trading in the descending channel.

Price is moving in the range between support and resistance levels, which coincides with the 50% Fibbonacci retracement level.

Price action is printing HLs and LLs and is likely to go down.

We expect a bearish move to retest the support level.


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