EUR/AUD
The EUR/AUD cleared a short term resistance at 1,2545 (Dec 3 high pivot) which signals an extension of the recovery in the short term toward 1,2675 (short term retracement), last step before a medium term resistance at 1,2732/87 (medium term resistance line). A break above this threshold would be bullish in the medium term. Short term supports lie at 1,2470 and 1,2360. Buy – Stoploss @ 1,2495 – Target @ 1,2730.
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