vuyomgwen

Buy opportunity on EURAUD

Long
FX:EURAUD   Euro / Australian Dollar
I spotted a buy opportunity on EURAUD I believe the price will find support at current exchange rate 1.60789 which will be my entrance price. I believe the price will start to increase aiming to reach the 1.61763 as a resistance level but it will breakthrough and continue to rise till it reaches 1.64000.
My entrance will be @1.60789 Stop Loss@1.60129 Take Profit@1.63653
If you like this idea go check it out and do your own analysis, so you may have your own opinion about it. Share your thoughts on this idea on the comment section.
Please note that this is just an idea which may be going according as planned or the opposite way sometimes, which is why I suggested that you do your own analysis before you go with this idea.

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