EUR/AUD has risen significantly, not even on this week by the presence of the chart gap but we have seen closing higher, on past friday, near the past temporary high of 1.47024 level. I have the conviction that this pair will go higher, to 1.49508 (which is the 127.2 Fibonacci extension measured on the 1.3789 -1.47024 move) because this currency pair met two important condition, as follows:
1. Rose and close over the 1.4464 pivot level, which means the price has established itself in the upside …
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