TimStuyts
Long

EURAUD another clear great BUY trade

FX:EURAUD   Euro / Australian Dollar
321 3 9
Comparable to the GBPAUD             the EURAUD             also presented a clear buy trade.
For my approach see my previous post on GBPAUD            



I expect a new high for this pair as minimum taget.

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snapshot


reaching minimum target, however I think there is more to come and I keep my first position open for now.
Reply
Thank you Tim, made 100 pips on this and got out just before it started going down again. Gonna wait a bit to make sure it doesn't break the trend line before re-entering.
+1 Reply
Great analysis keep it up brother.
+1 Reply
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