Phenol_fx

EURAUD & GBPAUD Signals in the same trend

Short
Phenol_fx Updated   
OANDA:EURAUD   Euro / Australian Dollar
EURAUD

The relative resilience of the Australian economy suggests scope for the AUD to outperform both the NZD and the EUR over the coming months, economists at Rabobank report.

GBPAUD

We are therefore looking at a trend continuation play in the GBPAUD. The recent daily pull back is now showing some bullish price action in the form of a bullish engulfed candle stick pattern at support
Trade closed: target reached:
EURAUD & GBPAUD HIT FULL TP

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