TradingView
ForecastCity_World
Apr 7, 2021 11:54 AM

💡Don't miss the great buy opportunity in EURAUD Long

FX:EURAUD240
Euro Fx/Australian DollarFXCM

Description

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Trading suggestion:
There is a possibility of temporary retracement to the suggested support line (1.5510).
. If so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.44.

Take Profits:
TP1= @ 1.5690
TP2= @ 1.5800
TP3= @ 1.5950
TP4= @ 1.6000
TP5= @ 1.6140

SL= Break below S2

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ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsEURAUDEURaud
Comments
derfras100
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Man top analysis!!! I am in on your call and loving it
ForecastCity_World
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@derfras100, Thank you for your comment. All the best
YMGroup
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awesome plan mate
ForecastCity_World
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@YMGroup, Thank you for your comment. All the best
Helena_FX
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A bit late for this prediction, I've been long on this pair from 1.54450 EUR can very easily collapse against the AUD. Hope it works out though.
ForecastCity_World
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@Helena_FX, Thank you for your comment. We appreciate it
MMBTtrader
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clean chart

breakout happened after retest to the moon

thanks for sharing
ForecastCity_World
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@MMBTtrader, Thank you for your comment. We appreciate it
sofi_Morphy
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Thank you
ForecastCity_World
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@sofi_Morphy, You're very welcome! We hope you enjoy it.
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