Tao_2484

EURAUD H1 ANALYSIS

Long
Tao_2484 Updated   
OANDA:EURAUD   Euro / Australian Dollar
Price has shown some support and we see a nice jump to the upside.
Targeting a retest of old demand zone. Good signal to see that buyers have stepped in the market for a discount price and push it up high.
Still in a downtrend on H4. Have to see a good burst of buyers to possibly start a new trend to test some highs.
Comment:
Price has rallied up and pushing towards old demand zone
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