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EURAUD 60 Minute Chart Analysis March 30th, 2017

Screen Shot 2017-03-30 at 06.54.21

Hello Traders we take a look at the Euraud for a possible short trade. OK let us take a look at the chart, as we can see we are not getting much price action so far today. So we are looking for a pull back to the zone of the 50% Fibonacci level with a possible entry of 1.4095. I will place my stop at the price of 1.4110. I am looking to take profit at the support at the price of 1.4020 for a nice 70 pip trade. I looked at this trade in Asia and now just starting to move to my entry point.

Thank you traders and we will talk soon…William



This post first appeared on FX Instructor Forex Blog - For Traders, By Traders, please read the originial post: here

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EURAUD 60 Minute Chart Analysis March 30th, 2017

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