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EUR/AUD Signal - ECB Monetary Meeting Accounts - 26 Aug 2021

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Signal Details
Entry Price: 
1.6199
Take Profit: 
1.6500
Stop Loss: 
1.6050
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURAUD is trending to the upside currently and has made a pullback into the 50% fibonacci level prior to the ECB Monetary meeting accounts, which will provide insight into the European Central Bank's future monetary policy. Technically the pair is at the fibo golden pocket, and we anticipate continued upside into the 1.650 level.

Submitted by Toni H. on Thu, 26 Aug 2021 03:07:01 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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