Euro / Australian Dollar
Long
Updated

EURAUD Buy Idea

205
Looking to Buy EURAUD from 1.63250. I personally think the D200EMA will be slipped but some pullback potential is possible from the zone. There is also Alignment with EURNZD, which sits about 50 pips away from a potential zone of confluence, creating nice market alignment for the buy.
SL 45 pips
Full TP 120

Confluences:
61.8% Fibo
Intra KL
D200EMA
Order cancelled
Spot price missed, pullback was made to target pulling back around 25 pips above the spot price of interest. Pullback occurred on EURNZD from the zone which aligned, therefore this zone is no longer of interest for me.

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