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MortezaShiri
Mar 21, 2014 1:31 PM

EURAUD Range-bound Long

Euro Fx/Australian DollarFXCM

Description

The EURAUD is in a trading range right now between1. 5168 support and resistance up near 1.5533 and if this recent bearish momentum continues we could see a break below that support and an extension of this recent move lower. However, if the market holds above this support , we could then see the market push higher again
Comments
Evild0er
I've you've seen my or Justatrader's idea, your prediction makes for a nice confirmation on the bearish move, more specifically the last 24/3 candle and the 25/3 05:00 candle.
MortezaShiri
Hello Evild0er ,
Hope you had a good trade.I was out for days ( New year reasons)
Regards
Morteza
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