With Euro finally showing signs of strength overall, we have a good trade setup here. EURAUD has reached its first long target but doesn't look like it will stop here. Temporary pullback is expected but look for a reaction above the highlighted resistance where price is at right now. Upon break of this resistance, we are looking at the next resistance above as the target.
I will keep posting the updates.
Disclaimer: This analysis is for education purpose only and is not an investment advice. Please manage your risk before placing any trades.
I will keep posting the updates.
Disclaimer: This analysis is for education purpose only and is not an investment advice. Please manage your risk before placing any trades.
Kommentera:
We are still going up, the trade is valid. If you have taken this trade, please move your stops to break even and book partial profits.
Kommentera:
Long target reached successfully.