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EUR/AUD LONG FROM SUPPORT

Long
Euro / Australian Dollar (FX:EURAUD)  
EliteTradingSignals Updated   
FX:EURAUD   Euro / Australian Dollar
Trend Analysis Chart Patterns Wave Analysis EURAUD LONG buy trading Forex forecast Bullish Patterns tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis euraud long buy trading forex forecast bullish tecnhicalanalysis containsimage
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Hello,Friends!

EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.636 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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