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.

+2 Reply
@fxing, thank you !!
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