EARAUD trading near asian session high

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Opening of the european session gave the spike downward holding at the asian high resistance ,recently we seen spike down may be aggressive traders howering for the shorts in this . As a Intraday trader will follow the support and resistances as shown in the diagram .

No major european release is scheduled .but any sudden statements may go well off for the move and may reverse the same ..

The levels so far in Prev / Daily High 1.63032 and Low at 1.62109 . so far as this is the start of the week we have to wait for the consolidation break of previous range and trade accordingly .as the forex is the business of opportunities.we should look for the proper book .


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