ForecastCity

💡Don't miss the great buy opportunity in EURAUD

Long
FX:EURAUD   Euro / Australian Dollar
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.6240).
. 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 72.

Take Profits:
TP1= @ 1.6406
TP2= @ 1.6458
TP3= @ 1.6571
TP4= @ 1.6684
TP5= @ 1.6812

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Comprehensive analysis.Thanks a bunch
+4 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, You're very welcome!
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, We appreciate your comment.
+1 Reply
I agree with you.
+3 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, Thank you for your comment. We appreciate it
+1 Reply
Very nice setup.  Thanks for the detailed chart.
+2 Reply
@Lizabet, You're very welcome!

Thank you for your comment.
+1 Reply
Excellent charting!
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thank you for your comment. We appreciate it and wish you the best of luck.
Reply
It's the right choice.👍
+1 Reply