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EUR/AUD Technical analysis

Long
Euro / Australian Dollar (FX:EURAUD)  
traderpulse  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Head and Shoulders priceaction
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trendanalysis headandshoulders priceaction
EUR/AUD has formed an inverted head and shoulder in the 30-min chart.
It has broken the neckline too and is consolidating just above it.
Hence we expect the pair to be bullish and move to the resistance at 1.59872.
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