EUR/AUD Daily Update (23/10/2016)
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
-1.46
Key Support
- 1.42
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
-1.46
Key Support
- 1.42
Trade closed: target reached
Comment:
+ 323 pips