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gibbsys

EURAUD Long Setup

Long
Euro / Australian Dollar (FX:EURAUD)  
gibbsys  
FX:EURAUD   Euro / Australian Dollar
Support and Resistance Technical Indicators Technical Analysis tradingsignals signals
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supportandresistance indicator technicalanalysis tradingsignals signals
Trend: Bullish
Structure: Support and resistance / technical indicators.

Plan: We look for price to bounce off the lower support level and move up to a previous resistance level.

MACD and RSI seem to have reached a low point and appear to be starting to reverse suggesting confirmation of a bullish trend.
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