This is a very nice time for long the EURAUD.Pair is at the end of a five wave impulsive bearish movement, is challenging a weekly trendline, and also is conforming two nested harmonics patterns, one favoring the bullish movement, and the other the bearish one, after the retracement.
The fact that the bearish animal in the making is unfolding using the wave 5 of the entire movement from 1.7425, it makes very viable the materialization of an ultimate target for the bullish movement at a fib Zone between 1.6908 and 1.6950
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