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FxWirePro

EURAUD- Excellent breakout (Jump to 1.5760 possible)

Long
Euro / Australian Dollar (FX:EURAUD)  
FxWirePro Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Technical Indicators
3
2
trendanalysis indicator
EURAUD breaks 61.8% fib retracement and holds above that level. This confirms the pair has formed a temporary bottom around 1.42833, a jump to 1.5760/1.6000 is possible. Minor bearishness only below 1.5380.

It is good to buy on dips around 1.5508-100 with SL around 1.5380 for a TP of 1.5760/1.6000.
Comment:
EURAUD Flying. Jump to 1.5760 is possible
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