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Scott Barkley

EURAUD: Symmetrical triangle

Bearish: Currently we are at 1.6295 is a symmetrical triangle. We are looking to break to the downside to the ATR Target @ 1.6201 and then a continuation to the trend bottom @ 1.6133. WATCH THE USDX for more clues. The ATR is 101 Pips per day.

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