EURAUD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR Pullback to previous H4 Lows around 1.57500.
DAILY Small Daily pullback to Previous Lows overall before heading up further
WEEKLY Very bullish overall, we closed the last 5 weeks very strong.
LEVELS BUY EURAUD @ 1.57500 SL @ 1.56440 (110 Pips) TP1 @ 1.58820 (130 Pips) TP2 @ 1.59190 (160 Pips) MOVE SL TO BE @ HIT OF 88.6 FIB! Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
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with Mario the central banker speaking today i would be very cautious on the euro has he will give hints about monetary policy. trend is bullish overall but there's strength in the Aussie Dollar across the board
DACapitalTrading
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@babinir, Sure theres a small daily pullback possible but overall long with a tight stop :)