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JFD_Research

EURAUD - 240 - Watch out for the wedge

Short
Euro / Australian Dollar (FX_IDC:EURAUD)  
JFD_Research Updated   
FX_IDC:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
Trade Alert!

We cans see that this pair has been on a strong rally to the upside recently. Even though EURAUD still looks strong, there could be a slight chance for a small retracement initially. Would be aiming for 1.61100 for now.
Will have to re-evaluate the pair again later on, if we see the 1.61100 getting hit.
Comment:
Great trade
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