EURAUD - Strong support level

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EURAUD has reached significant support, which is the same as Fibonacci level 50-60, so I expect a bounce up to the descending trendline and if it breaks it could target higher resistance levels. If the support breaks, the nearest support level may be the target.

Daily chart:
https://www.tradingview.com/x/OlMxTZJl/

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euraudlongFibonacciForexforexsignalSupport and ResistancetradingstrategytradingtipsTrend Lines

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