Thread: Eur/Aud
EURAUD has been rejected by the 1.2422 support level and if we look on H4 time frame we can see that the rejection has formed a pin bar candle. So, I think EURAUD has a potential to go up and touch the resistance level at 1.2506. This set up will fail if only EURAUD can break 1.2416
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EURAUD had been rejected by the 1.2340 support level yesterday. After that, EURAUD gone up. But today, I see the rejection effect become weak. So, EURAUD may tries to test 1.2340 support level again today. Than, if that happen and even break that support, EURAUD may continue falling to the next support level at around 1.2258.
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nice post...i think isko 1.3190 ke pas se buy karke 1.3300 tak sell kiya ja sakta hai...
baki short term me aap 10-15 pip ke liye buy kar sake hai lekin yaah se iski selling anhi lag rahi
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i think that we should wait until EURAUD reach the moving down trend on the daily chart then we can sell this pair after that our target point in this deal will be@50% level.
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Yes the trend for eur/usd is a good downward trend all are advice to sell the market and make good profit
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EURAUD has broken the 1.2422 resistance level, then before it we can see that EURAUD also has formed a double bottom chart pattern. So, in my view, EURAUD has an opportunity to go up and reach the next resistance level at around 1.2506 or maybe higher.
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EURAUD has been rejected again by the 1.2422 resistance level today. I think EURAUD will fall today and has a chance to reach the support level at 1.2340. But this bearish scenario will fail if EURAUD can break 1.2422 resistance level.
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please trade ur long term .....for this week....
SELL Limit EURAud
1.2438
SL 20PIPS
TP 100-150
---------- Post added 09-25-2012 at 03:16 AM ---------- Previous post was 09-24-2012 at 01:56 PM ----------
PAIR: EUROAUD
suggest position: Buy/long. or short
Required : how todays candel close.
Its important to close below 1.2403
---------- Post added at 12:10 PM ---------- Previous post was at 03:16 AM ----------
sell** euroaud** current price 1.2380. SL:1.2454, tp1=1.2350-60 area, tp2=1.2309
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If we look on the chart, we can see that EURAUD is trying to break the 1.2422 support level now. Then, if it success and the breaking happens, I expect EURAUD will fall and will try to reach the next support level at around 1.2340.
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Main ye thread Eudora reversal candlestick has been formed at the weekly historical support level
so, up movements till 1.3316 will be expected as you kw discussion kw lite bans raga gain. Sahib members KO ya post Marne kw lite swag at karat goon...
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