Forex_Trader_

EURAUD Long Opportunity

Long
FX:EURAUD   Euro / Australian Dollar
Price is in an overall uptrend. After Leg B creates a higher high, we have a pullback towards Fibonacci level of 61.8 (reversal area), sitting on upwards trend-line, and sitting on resistance level . We may see price rally back up to create a higher high! Good ratio of 2:1.

Comments

A nice 200 pip trade
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