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KristiTeli

EURAUD Long

Long
Euro / Australian Dollar (FX:EURAUD)  
KristiTeli  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis
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trendanalysis
Price has been rejected 3 times at 61.8% retracement.
The descending wedge is coming to an end and we will wait for breakout and correction and buy.
Price is on resistance on EMA so we need to wait for breakout on that too.
Watch lower timeframe for confirmation.
Great opportunity with a high R2R ratio.
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