EURAUD is bullish on H1, H4, Daily, and Monthly charts. We have a bullish butterfly formation but remember to look into the fundamentals for better decision on your entry choice.
Fundamentals to consider on EURO include; Services PMI and Composite PMI for Eurozone, Italy, France and Germany. Also Eurozone Retail Sales.
Fundamentals to consider on AUD include: Australian CBA Services PMI and CBA Composite PMI, Australian AiG Performance of Services Index, Australian ANZ Roy Morgan Weekly Consumer Confidence Index, Australian Current Account Balance, Australian Retail Sales, Australian RBA Interest Rate Decision.
Good Luck.
Fundamentals to consider on EURO include; Services PMI and Composite PMI for Eurozone, Italy, France and Germany. Also Eurozone Retail Sales.
Fundamentals to consider on AUD include: Australian CBA Services PMI and CBA Composite PMI, Australian AiG Performance of Services Index, Australian ANZ Roy Morgan Weekly Consumer Confidence Index, Australian Current Account Balance, Australian Retail Sales, Australian RBA Interest Rate Decision.
Good Luck.
Trade closed: target reached:
TP1 was reached on entry 1. Profit = +262
