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IJMInvesting
Mar 13, 2019 2:42 PM

Eur/Aud - Bullish Trend? Long

Euro Fx/Australian DollarFXCM

Description

Just done a little bit of analysis on Eur/Aud.

Looking for advice or what you guys think about the analysis. if it is correct or incorrect and where it could be better

Thanks



Comment

it think its a bullish trend, if it hits the resistance zone it could pullback to the trendline. then it will be a bullish buy
Comments
ApexFX_Pro
Looks like a good strong setup if it retests that TL mate
Jai30
Looking good mate. I would wait a clear bullish signal or break as you are correct with the resistance zone, without looking at this pair myself and just from your chart, I would anticipating some slight consolidation around this resistance level which is also a psychological level, before a possible bullish push further to create a higher high. Be aware of the price price movements from this level going bearish. I would therefore focus on the price action at this level if you were to trade it and await a clear signal with confluence.
UnknownUnicorn216436
Nice clean chart James!
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