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EURAUD: Key Level & Potential Pullback (Trading Plan)



⚠️EURAUD is one more time approaching a key daily structure support .


on 4H the price is currently trading in a local bearish trend and follows the boundaries of a falling wedge pattern.


In case of a breakout of wedge's resistance (4H candle close above) chances will be high that bullish movement will start.


goals:

1.645

1.654


(in case of a new lower low lower close below the yellow structure, setup will be invalid)

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