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EURAUD 22.12.2022
Main trend:
Conditionally bullish.
Expected scenario:
The pair is trading above a strong support level around 1.5680, which enhances chances of a rise to 1.6000.
Alternative scenario:
Breaching the level of 1.5680, would open the door for further downward movement towards 1.5412.
The most important levels
Resistance: 1.5900 – 1.6000
Support: 1.5680 – 1.5412
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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