edramlan

EURAUD is BULLISH.

Lång
edramlan Uppdaterad   
FX:EURAUD   Euro / Australiensisk dollar
EURAUD to go higher?
This might be an early call. However the signs that this pair is going higher are:
  • It seems that there is a double bottom at support.
  • Double bottom also shown a bullish divergence from indicator.
  • Potentially the pair is in the process of creating an inverted head and shoulder. Not the usual straight forward inverted head and shoulder but it is a bullish sign nonetheless.
  • Price created a key reversal yesterday and possible will continue higher.
  • A bit of pullback from yesterday provides a good entry possibly for the pair to move towards 1.63.
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Trade stängt: målet nått:
TP hit. Stand aside for now.
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