Capital Trust
Capital Trust

Dec 18, 2014

05:22 PM EDT

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Market Analysis

Home » Featured » EUR/AUD inverse head and shoulders

EUR/AUD inverse head and shoulders

Today’s bullish move in euro Aussie confirmed a pattern that had been setting up for sometime. as you can see the neckline which had been a strong resistance area has now been broken and tonight should see the close above meaning that an entry long next week would make more sense. Ideally you would want to see a pull-back to the 1.30 area to then enter long.

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