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Eur/gbp pair has formed a triangle pattern on the daily charts . A sharp sell off today in the pair suggests that the triangle might break down on the lower side . Traders should watch for a breakdown from the triangle which could lead to the pair falling up-to 0.8610 level.
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EUR/AUD triangle
Eur/ aud pair has formed a triangle on the 4hour chart . traders should watch for a breakout from the triangle to take positions . The triangle looks like a bullish formation but needs to be watched closely as a downside break is also possible.