maosang

A possible EUR/AUD LONG opportunity

Long
maosang Updated   
FX:EURAUD   Euro / Australian Dollar
As EUR and AUD complete their yesterday big move, now i think there might be a opportunity for EUR/AUD here. Here this could be a possible bottom for EUR/AUD to stop(A=C), and start a bounce. Conservatively, i think this rally can be at least up to 1.5622(TP1) and 1.5669(TP2).That is around 0.382 FIB/76.4% distance and 0.5 FIB leve/100% distance of wave D. Before Eur makes its mid-term direction, I think it is good for us not to take too much risk now.
Let's see.
Trade active
Trade closed: stop reached
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