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EURAUD possible top on or around the 1st March 2016

The EURAUD is currently in an uptrend so it is likely that this uptrend will continue. Carrying out a Gann analysis you can see that the last top at 1.6450 was rejected by the 1/3rd angle if this angle is to hold the market then it is likely that at the current rate of climb the 1/3rd angle will intersect around the 1.6180 area which is also strong resistance.
http://screencast.com/t/gsT5RytYxYm
Looking at a daily chart we can see that when the gann angles are projected from previous highs and l…
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