Forextra_official

EUR/AUD comes into action zone - ready for more upside potential

Long
FX:EURAUD   Euro / Australian Dollar
The EUR/AUD comes into the action zone - from this position be aware that the price can make itself ready for a bigger move towards higher levels.
The action zone is between the 20 days and 200 days moving average. The trend from that perspective is still positive.

Lets watch the price closely, its a descision point!

Support is around 1.60000 - Resistance around 1.6400

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