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GMPinvestors

EURAUD ready for an uptrend

Long
Euro / Australian Dollar (FX:EURAUD)  
GMPinvestors  
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance Triangle EURAUD Ascending Triangle takeprofit Forex forexsignals forextrading
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trendanalysis supportandresistance triangle euraud ascendingtriangle takeprofit forex forexsignals forextrading
The market broke the ascending triangle and it got a really high target before to collapse again. It bounced on the support at about 1.60150 and it started going up during the last three days.
We expect the price reaching the target number 7, entering long after a new breakout on the resistence at about 1.65589.
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