Fxprotrader

EURAUD Buy Setup About To Complete

Long
FX:EURAUD   Euro / Australian Dollar
Crystal clear buy setup in EURAUD. Price has broken a resistance level with a sharp upmove and it's now retracing forming a correction. It will soon test a strong level formed from 0.618 fib level of the impulse which broke the resistance, a horizontal level and extremely close to the broken trendline.

If price reaches 0.618 fib level i am going long.

Key level:
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.