Get started
forexlens

EURAUD CLOSE ABOVE 1.64250 CAN PROVIDE LONGS TO 1.66900

Long
Euro / Australian Dollar (FX:EURAUD)  
forexlens  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis EURAUD euraudlong euraudforecast
2
0
trendanalysis euraud euraudlong euraudforecast
An ideal entry is a break and close above 1.64250. We can see that price has created support at previous resistance 1.63200. We have also broke outside of a key daily descending trend-line. We have a pretty tight stop loss. Even if we don't get a move all the way to 1.66900, we can gain profits from moves to 1.64857, 1.65600, etc.
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.