ForecastCity
Long

Don't miss the great buy opportunity in EURAUD

FX:EURAUD   Euro / Australian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6415). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.

Take Profits:
TP1= @ 1.6525
TP2= @ 1.6620
TP3= @ 1.6785

SL= Break below S2
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I like and support this idea for EURAUD.
+1 Reply
@fxniki, thanks for your comment on this post.
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