PRICE WILL HIP THE 1.48685 SUPPORT LEVEL.
PRICE SHOULD BOUNCE BACK TO 1.4964 LEVEL.
ENTER TRADE AT 1.48685.
STOP LOSS JUST BELOW 1.48138.
LIMIT IS 1.49464.
STOCHASTIC/RSI IS BELOW 20.
after testing the support on 1.4582 twice the price pull back and we are looking now to see the price on 1.48202 resistance area and looking for a caution there then for the next resistance after the break up
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 !
