Get started
Bullandbeartrading

EUR/AUD Trade Idea

Long
Euro / Australian Dollar (FX:EURAUD)  
Bullandbeartrading  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators EURAUD LONG Forex swingtrade countertrendline ranging
92
2
trendanalysis chartpattern indicator euraud long forex swingtrade countertrendline ranging
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.