EUR/AUD Technical Analysis! BUY!

EIGHTCAP:EURAUD   Euro / Australian Dollar

My dear followers,
I analysed this chart on EUR/AUD, and concluded the following:
The instrument tests an important psychological level 1.61923
Bias - Bullish

Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.62759
My Stop Loss - 1.61478

About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.

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