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Tuesday, May 24, 2022

 

EURAUD Double bottom Pattern

euraud double bottom pattern in h4

EURAUD has formed a Double bottom in the 4-hour timeframe chart and today it has broken the Previous major resistance levels with Buyers Pressure.

Ascending Channel Breakout

EURAUD is moving in an uptrend by forming higher highs, higher lows in 1-hour time frame chart.

euraud broken the top of the Ascending channel

Now, the market has broken the top zone of the Ascending channel which further confirms the Bullish trend is stronger in EURAUD.

After the confirmation of Upward movement, EURAUD Buy signal is given.

EURAUD reached the take profit target successfully.

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