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VasilyTrader
Nov 7, 2019 8:38 AM

EURAUD: Forecast and Technical Analysis Long

Euro Fx/Australian DollarFXCM

Description



On a daily EURAUD is facing a key rising trendline .
Bets are high that the market, at least partially, will respect the trendline and we will see a pullback.

Pay close attention to a falling wedge on a 4H and wait for a bullish breakout of it to buy the market.

Target levels will be
1.62
1.64

Stop will be below the lowest point of the wedge .

Good luck!
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