Traders favoring a rise in EUR/AUD continue to stand strong, with opportunities for additional gains. The market suggests that there is still room for further upward movement.
Buy: 1.6680
TP: 1.6750
SL: 1.6600
"Simple doesn't mean not profitable"
Stay focused my friend.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of...
EURAUD is bullish on H1, H4, Daily, and Monthly charts. We have a bullish butterfly formation but remember to look into the fundamentals for better decision on your entry choice.
Fundamentals to consider on EURO include; Services PMI and Composite PMI for Eurozone, Italy, France and Germany. Also Eurozone Retail Sales.
Fundamentals to consider on AUD include:...
After a somewhat neutral EU CPI and German Unemployment Rate, a better than expected US CB Indicator could mean a short-term correction downwards. Wait for price to near M5 100-p SMA and M15 200-p SMA, place a short order accordingly. (check the chart for more help)
Stochastic is showing no divergences except M30 Stochastic bullish divergence signalling a very...
