AlkalineFX

EURAUD: Fake Breakout

Long
FX:EURAUD   Euro / Australischer Dollar
I believe we may be witnessing a fake trendline breakout here on EURAUD due to the fact that the main demand is still being rejected.

We created EQL's within the demand which has now been liquidated, this could be enough liquidity for the banks to make a buy move.

Traders, if you have your own opinion about this idea, write in the comments section, I always reply.

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