EUR/AUD Trade Idea

Hello and welcome to my Trade Idea of the currency pair EUR/AUD.

Lets start with the Top Down Analysis.


Monthly: Monthly is in a very strong uptrend.


Weekly: On the weekly timeframe we see that the market is bullish too.


Daily: The daily timeframe shows a consolidation and possibilities for an entry.


H4: On the h4 timeframe we see the strong trendline and the powerful support area where the market reacts beautifully to it.


Have a nice day.