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Friday, 8 January 2016

EURAUD Technical Analysis For Your Learning: 8 January 2016, Friday


The 2 blue spots: entry buys.
It is a long because the market persistently tested the classical resistance relentlessly (clear show of intention in 5min chart) and penetrated the R=1.55000, suggesting bullishness.
TP on immediate breakup.

Waited for a while before the sell is to be clicked for profits taking, this is the results:


Profits in this small trade: 
S$14,000++ SGD in 3-4 hours.

Cumulative: 
+ S$14,296 SGD


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