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Mihai_Iacob
Oct 19, 2020 1:28 PM

EurAud- genuine break? Long

Euro Fx/Australian DollarFXCM

Description

For 5 months now, EurAud is trading in a range...
However, From September the move looks constructive and in October we have a new base at a higher price.
The pair is trading now above resistance and this could be a genuine break.
I'm strongly bullish as long as the price stays above 1.65 and in the case of a real break I expect a rally to 1.7 zone
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