Labworx

EURAUD Buy Idea

Long
FX:EURAUD   Euro / Australian Dollar
After a "Special Cycle" we aim now 50% FR.
Next to a regular bullish divergence price created a small Bullish Convergence.
In order to join the long-side after a BC we first need to see a double wave retrace to
approx. 1.4475 before we can enter.

Protect @ LL + 2 pips + spread.
Target 1.50 or maybe even higher.

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