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ForecastCity_EU
May 28, 2020 9:24 PM

Don't miss the great buy opportunity in EURAUD Long

Euro Fx/Australian DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6585). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 59.

Take Profits:
TP1= @ 1.6883
TP2= @ 1.7195
TP3= @ 1.7737

SL= Break below S2
Comments
Kristalyn
thanks for your ideas
ForecastCity_EU
@Kristalyn, you're welcome
Kamryn
Good one...
ForecastCity_EU
@Kamryn, 👍
Mehmetozdemi
thanks for your ideas
ForecastCity_EU
@Mehmetozdemi, you're welcome
Shiva_forex
Nice and simple
ForecastCity_EU
sara-kian-fx
You are one of my favorite analysts!
ForecastCity_EU
@sara-kian, 🌸🌸🌸🌸
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