EURAUD: Buying Opportunity at Support
Here is another trading opportunity against the local downtrend. The price bounced from the support zone. RSI and MACD confirmed the price reversal. The price has room for upward movement.
Buy above 1.61990
Stop below 1.61360
Profit Target at 1.63450
Risk per trade must be no more than 2% of the trading capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Buy above 1.61990
Stop below 1.61360
Profit Target at 1.63450
Risk per trade must be no more than 2% of the trading capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.