We broke a major trend line after testing a major support, then after hitting a minor resistance the pair decided to test the the support once again. with that being done, am expecting it to go up from here once...
I gave a EURAUD buy signal here earlier which bagged us 210 pips. Since then the pair has pulled back down and consolidated but its slowly turning to a bullish trend in the daily time frame. We have also broke the daily trend line and did a successful pull-back to the line, am expecting upwards movement from here and on but lets see how it goes !
Euro vs Aud in range that can make the buyers go higher from this support
We might break the trendline from the looks of it. IF we do, wait for a minor pullback and the buy.
Chart is self-explanatory... What Do You Think? ANYTHING CAN HAPPEN!
EURAUD broke the trend line, consolidated a bit, a small pull down, and now its trapped in a channel. am expecting the channel to break and head down to our TP. this is a risky trade, am opening a small position and so should you. - Great ratio - Broken trendline - MACD divergence