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Nick_C_
May 11, 2015 8:46 PM

EURAUD structure analysis; Buy this  Long

Euro Fx/Australian DollarFXCM

Description

Analysis on chart, looking for upside breakout before this time tomorrow. Like/comment/share thoughts below!
Comments
IvanLabrie
Winter is coming...I mean, uptrend continuation.
I've been watching this one for a long time now.
HamedAghajani
I can see that Eur is strengthening, across many pairs, especially NZD and GBP, but I struggle to picture it against AUD, to be as fruitful as the other pairs.
timwest
Maybe a buy down here against 1.39544?
Nick_C_
Tim! Long time no talk. Yes, initial buy level would have been stopped but the conclusion remains the same.. large corrective structure. A small position stop under the low of 4/28 for the time being would be a good play, when prices begin to move higher subsume the rest of position and scale stops up to under that large wave 2/B low.
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