KlejdiCuni

EURAUD: Descending Channel ! Buy Opportunity

Long
OANDA:EURAUD   Euro / Australian Dollar
From the chart, we can see that the price started a downward movement one month ago.
In the lower support area where it is now the price has stopped for 4 days and this is showing a slight pause in the trend.
On the other hand, we can see a downward channel that appears to be ready for a corrective move.

Targets:
1.5745
1.5836
1.5948

Thank you and Good Luck!

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