The 100-day MA, previous major lows, and a 61.8% retracement all come in near the same level around 1.4980 (chart in members). A clean break above here would open the way up for more serious gains.
Hi Sean! What do you think of EURAUD? Is the uptrend still in play?
Definitely Jasper but it could easily pullback another 200 pips towards 12440 without endangering the uptrend. At moment, s/t charts look slightly heavy so we may indeed see a deeper pullback before uptrend resumes?
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