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LimitMarkets

EURAUD

Long
Euro / Australian Dollar (FX:EURAUD)  
LimitMarkets Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis
2
3
trendanalysis chartpattern waveanalysis
Declining price of the parity started to turn back to the up. The price is staying close to 200MA, means it is a decisive moment. As long as the price stays above upper band of a small downtrend, it will climb up to the lower band of the big uptrend in the vicinity of 1.5900 level.

Good luck!
LimitFX
Comment:
The price is approaching our estimated level at 1.5620. After it breaks that level, the lower band of the big uptrend will be the next the target.

Good luck!
LimitFX

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EURAUD
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