ForecastCity

Don't miss the great buy opportunity in EURAUD

Long
FX:EURAUD   Euro / Australian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5952). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 54.

Take Profits:
TP1= @ 1.6024
TP2= @ 1.6073
TP3= @ 1.6230

SL= @ 1.5890

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