petrolhead71

HOW TO: EURAUD Bullish Setup

FOREXCOM:EURAUD   Euro / Australian Dollar
Looking at EURAUD on the 1H and M30 the Trend Meter indicates bullish momentum.
Expecting a retracement and then a continuation of a higher high, for the uptrend pattern followed by a green entry bar to confirm that bullish trend.
We also see the resistance turning into support. The target areas we aim for the highs.

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