cvfxwealth

EURAUD Big Picture

Long
FX:EURAUD   Euro / Australian Dollar
Hello, Friends!

I've been trading EURAUD for the past few months and has netted consistent profits. This is the large picture of EURAUD.

Technicals, Technicals, Technicals.
1. We are still in an upwards weekly channel with a strong support and strong bounce off of it.
2. We are still creating higher highs.
3. RSI still in the buyzone with another week or two of buying.

The market moves in waves. I expect price to close at 1.6600 area then ready for a retrace before the next push up into 1.6800 zone.

Good luck trading! Please help like these free analysis as others will benefit from seeing them as well.
Let me know how I can help.

Charles V
www.cvfxmanagement.com
Trading made Simple
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