EUR/AUD Daily Update (23/10/2016)

FX:EURAUD   Euro / Australian Dollar
Counter trend - bullish

I am bullish with this pair as long as 1.42 level holds and a retracement could be done till 1.46 level.

Now, lets wait for a nice momentum candle to show up before we could take a nice long trade.

However, if price breaks through 1.42, we could expect to short it upon retrace.

Key Resistance

Key Support
- 1.42

Trade closed: target reached
Comment: + 323 pips
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