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    EUR/AUD Trading Recommendations for 21st June, 2016

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    We can see that EUR/AUD is right on the major support now. It has formed a double bottom and is right on 'neckline' support. It's right on channel support, moving average support and fibonacci support (38% retracement). Along with that, it is also on stochastics (34) supports. We look to see a strong bounce from here to at least 1.5585

    Trading recommendations:

    Buy now

    Stop loss at 1.5585

    Take profit at 1.4890


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