The price of EURAUD in heading in the direction of 1.6363. Despite the recent breakout through 1.6292 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
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A possible move on EURUSD as it heads towards support
A Triangle pattern was identified on EURUSD at 1.17391, creating an expectation that it may move to the…