Yesterday Was Pullback, Today We BULL!

Long

Euro / Australian Dollar (FX:EURAUD)

Updated

FX:EURAUD Euro / Australian Dollar

After making a good run up from the latest bottom EURAUD hit previous resistance and pulled back as I expected albeit a little more down than I thought. Today we should see a move past 1.4780 and possibly pause at 1.4900.

Trade active

Comment:

I have been looking at the larger time frames (Daily and Weekly) and think that EURAUD might be a good candidate for a LONG and HOLD. Let's see how we pan out tonight and review in the morning.

No TP set.
SL will be manually moved up at a rate not meant to be stopped out at for anything other than some strange market action.

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