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EURAUD Long

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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.

評論

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.

評論

Long target reached successfully.