Analysis of #EURAUD
The EURAUD is moving strongly to the upside, and you know the saying " the trend is your friend" we better look at buying only in this market.
as can see from my chart we have a clear break and close of a strong previous resistance level which as you know will become a strong support level.
if the market comes and tests the 1.5300-1.5350 zone, I will wait for the market to provide a reversal pattern on the lower time frame to get in buy trade to target the next level of resistance.
Thanks for your continued support!
The EURAUD is moving strongly to the upside, and you know the saying " the trend is your friend" we better look at buying only in this market.
as can see from my chart we have a clear break and close of a strong previous resistance level which as you know will become a strong support level.
if the market comes and tests the 1.5300-1.5350 zone, I will wait for the market to provide a reversal pattern on the lower time frame to get in buy trade to target the next level of resistance.
Thanks for your continued support!
