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CyberFxTrader

Strong support could lead to reverse EURAUD

Long
Euro / Australian Dollar (FX:EURAUD)  
CyberFxTrader Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators Forex LONG analysis EURAUD euraudlong singnal signals priceaction descendingtrendline
17
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trendanalysis chartpattern indicator forex long analysis euraud euraudlong singnal signals priceaction descendingtrendline
Gotta say it's been a pretty unique and strong down trend for a long time, but the reverse is possibly here. It looks like it's slowing down at the moment on a strong support level. I got a good feeling it will break trendline and go up any moment.
My goal will be on the top of the most recent decending trendline because the market tends to pull back to around that level.
Comment:
My tp will be on 1.55592 because that will be 2 pips away from major structure.
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