The second setup for next week gonna be EURAUD pairs.
As you can see this pair has shifted from to become as price now making higher highs and higher lows.
There is not many things to analyze in this pair and i am just gonna use simple along with price action.
I do see a possibility that price making a triple bottom or pattern previously but i will still keep it simple.
Notice that i have marked 1.6540 as a horizontal level of support.
Drawing a we could see 1.6520 is where 61.8% fibonacci level located, it is also the area between EMA-10 and EMA-20 so we could see some buying power around that area.
The last friday candle closed with a so i could say the retracement of EURAUD pretty much going to end soon.
I am gonna set a buy limit order in this pair.
Buy EURAUD 1.6520
Stop loss 1.6470
Take profit 1.6775
RR ratio 1 : 5.2
Use only 1-2% risk