Euro/Australian Dollar look bullish from this point that I identify a possible nice opportunity to get so much pips in this only trade.
As first, in Daily timeframe EUR/AUD forming a bullish channel perspective that could to continue climb until $1.5920 AUD. Also, the candlestick it's appear that still bullish.
In H4 timeframe we are in the smart zone in the $1.5551 AUD that price it's just make reaction in this zone to find down new buyers to long position. And also, I make some correlations that I draw a order block and a diagonal point line that work like support and maybe, if in H4 timeframe closed up with a bullish signal. We can to see a strength in this par.
And finally, we're in H2 timeframe here in this analysis, and we see that that EUR look strength than Aussie. So guys, we see a nice opportunity here to bought!!
Good luck!!!
As first, in Daily timeframe EUR/AUD forming a bullish channel perspective that could to continue climb until $1.5920 AUD. Also, the candlestick it's appear that still bullish.
In H4 timeframe we are in the smart zone in the $1.5551 AUD that price it's just make reaction in this zone to find down new buyers to long position. And also, I make some correlations that I draw a order block and a diagonal point line that work like support and maybe, if in H4 timeframe closed up with a bullish signal. We can to see a strength in this par.
And finally, we're in H2 timeframe here in this analysis, and we see that that EUR look strength than Aussie. So guys, we see a nice opportunity here to bought!!
Good luck!!!