BlueberryMarkets

ANALYSIS: EURAUD LONG TO 1.5900

Long
BlueberryMarkets Updated   
FX:EURAUD   Euro / Australian Dollar
EURAUD continues to fail to break below the key quarterly lows suggesting we could see a bounce back
towards the key lows at 1.5900. Typically, when we see this 'tennis ball' effect, where the market tests
the market lows multiple times in a short time, we see a rejection. We could look to long this market
with stops below the key daily lows.
Trade closed: target reached
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