EURAUD hit the monthly support once again and bounced bullishly forming a double bottom with bullish divergence(D1).
Price also broke out of the trendline and is retracing back to it.
We can expect the price to drop to 1.45041 from where we can open long orders.
The initial target for buys is the pivot (1.48430).
Price also broke out of the trendline and is retracing back to it.
We can expect the price to drop to 1.45041 from where we can open long orders.
The initial target for buys is the pivot (1.48430).
Trade closed: stop reached
Trade active