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2018-03-01_AUDUSD-Rare-Bull-Signal

EURAUD 8-Hour Price Chart – Following up on yesterday’s Long Term Analysis of EURAUD it looks like the forex pair is set for an abrubt take-off as can be seen from the extreme compression of volatility on the 8-hour time scale. We are long the pair with a protective stop just below the M7-period moving average that will be upped below the yellow trend line should the price soar as expected.

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