Euro / Australian Dollar
Long
Updated

EURAUD 8 Hour

268
Price currently is following an uptrend making higher highs & lows. Price is now at a very powerful zone making a new higher low, & momentum seems to be slowing down here. From this zone, I will be watching price action for confirmation for price to resume the uptrend for a new potential higher high next.
Note
snapshot Monthly Timeframe: Retest of previous resistance as new support.

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