RonSublett

EURAUD 1 HR Potential Bullish Cypher

Long
FX:EURAUD   Euro / Australian Dollar
don't know whether it will come down and give us an opportunity but, there is a potential bullish cypher setting up with an entry @ 1.5502.
I'll be looking at it as a trend continuation trade. looking to test the previous highs, since we just recently had a higher high, higher close. Still a long ways away from this happening and right now its looking like its trying to just go straight up. We'll just have to wait and see what the market gives us...

good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.