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EUR/AUD 1H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 14, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EUR/PLN 4H Chart: Ascending Triangle Comment: The outlook on EUR/PLN is bullish both in the short and long terms. The currency pair is forming an ascending triangle, a continuation pattern, meaning a breach of the resistance level at 4.2650 is more likely that a decline through the rising support line at 4.22. Once 4.2650 is out of the way, the price will likely target the January high at 4.37 next. As for the prospects for the next several days, the Euro is also expected to appreciate. The

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