FIFI_FX

EUR/AUD PRICE ACTION UPDATE

Long
FOREXCOM:EURAUD   Euro / Australian Dollar
The pair still in consolidation zone. I can See now a bullish triangle is forming and the price is testing the resistance level: We have now two scenarios. If the price breaks the resistance and pullback then buy. other wise if the price returned back to test the support, just wait for a break down to sell.
I'm now more to buy than to sell. I have marked my targets for both sell and buy scenarios.
Good Luck, and trade safe!

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.