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    EUR/AUD trading recommendations for 9th June 2016 2016-06-09

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    EUR/AUD has formed a bullish divergence vs RSI since our analysis yesterday, and this gives us a good conviction of it making a strong bounce from here to the divergence potential of 1.5330, which is also a fibonacci retracement level.

    Trading recommendation:

    Entry now

    Take profit at 1.5330 and 1.5300

    Stop loss at 1.5175


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