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TECHNICALFX
Dec 8, 2015 10:40 PM

EURAUD BULLISH? Long

Euro Fx/Australian DollarFXCM

Description

Possible Long with further confluences.
So Far we have a weekly 50 & 200 EMA Rejections.
Weekly and daily 78.6% Fib retracement.
Price has breached to 200EMA on the daily.
Awaiting break of CTL for long opportunities.
Uptrend bounce.
Possible risk reward shown with target 1.

Comments
KuldipB007
I hope you are wrong, it may go up to 1.55 but I like to see it tank down
TECHNICALFX
Thats why 1.55 is the level we are watching.
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