EURAUD, NEW DIRECTION, POTENTIAL UPTREND
Signs of a new uptrend have been identified on the lower time frame showing a potential rise towards the 1.6180 price area. The potential setup remains valid above the 1.6078 price zone.
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Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources.
Kommentera:
Resumed the uptrend on the lower timeframe. The potential setup remains valid if price stays above 1.6065. The potential target is around 1.6165
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