EURAUD has been trading in a downtrend and has recently broken out of a descending regression channel to the upside. The pair is currently testing a daily support level, which is conveniently the regression channel's upper trend line. I believe this confirms the presence of a bullish trend.
Entry at 1.54000, Stops at 1.53000 & Target 1.56000
Trading ideas are subjective. Individual analysis advised.
Entry at 1.54000, Stops at 1.53000 & Target 1.56000
Trading ideas are subjective. Individual analysis advised.