FX:EURAUD   Euro / Australian Dollar
Hello and welcome to my Trade Idea of the currency pair EUR/AUD .

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is in a permanent uptrend.


Weekly: Weekly is bullish .


Daily: First of all we see a nice uptrend on daily. At the end of the trend, where we are now, a consolidation occur.


H4: On the h4 timeframe we draw the counter trendline as well the support and resistance areas.


Have a nice day.

GREAT JOB!!
+2 Reply
@fxing, thank you !!
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