EUR/AUD Signal - April 19, 2013
The EURAUD pair is currently testing the 50% level of Fibonacci and is drawing a bearish harami at its contact. In terms of technical indicators, the RSI is currently testing its neutrality area and thus indicates a potential downward entry point. Investors may therefore shorter the pair to aim at first a return on the 1.2570. The stop-loss will be positioned above the latest highs of the markets.
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