FxWirePro
Long

EUR/AUD achieves both targets, momentum still with the bulls

FX:EURAUD   Euro Fx/Australian Dollar
170 0 4
After breaking the channel top at 1.5105 EUR/AUD             has broken above 1.52 levels (38.2% Fib of 1.6585 to 1.4347 fall) which was capping the upside on Wednesday.

Our long call has achieved both targets, we see further momentum in the pair which could take it to 1.5420 and then 1.5466 (50% Fib of of 1.6585 to 1.4347 fall) levels.

We would book partial profits, raise trailing stops to 1.5250 levels, TP1: 1.5420, TP2: 1.5460
Trade closed: target reached
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