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An unexpected large move has occurred on ETHAUD 1 hour chart! Is this a sign of something new? What can we expect?

ETHAUD dropped sharply for 2 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in ETHAUD there is a chance that we will witness a correction, no matter how brief.

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Resistance line breached by AUS200. This price has been tested at least twice before.

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