drin
Long

EURAUD BUY IDEA

FX:EURAUD   Euro / Australian Dollar
Since it is in the completion of the C wave of a corrective move, EURAUD             could turn upside anytime from now.I'll be looking to catch the next impulse up until -0.27 area.This may be a 3 wave correction or it could be a 5 wave structure so If you choose to enter now, It would be good to move stop loss to breakeven when it reaches the trendline and wait if it will break or will come down for another move before going up.
Nice one, perfect abcd completed. No divergence though so we could reach the 1.618 ext
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