Johanes
Long

JLS: EURAUD Target Zone, Price Trend & Price Trend Channel

FX:EURAUD   Euro / Australian Dollar
Long trades on EURAUD target zone in parallel to the price trend and the price trend channel is most preferred. Long trades could be made until the upper band/ceiling to be reached (not measured). For reference of calculation, the lower band/ceiling for EURUSD 1.1800 and the lower band/ceiling for AUDUSD 0.6400, at such the upper band/ceiling for EURAUD is the equivalent rate of EURUSD 1.1800 and AUDUSD 0.6400.
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