EUR/AUD Daily Update (23/10/2016)
Counter trend - bullish
I am bullish with this pair as long as 1.42 level holds and a retracement could be done till 1.46 level.
Now, lets wait for a nice momentum candle to show up before we could take a nice long trade.
However, if price breaks through 1.42, we could expect to short it upon retrace.
Key Resistance
-1.46
Key Support
- 1.42
I am bullish with this pair as long as 1.42 level holds and a retracement could be done till 1.46 level.
Now, lets wait for a nice momentum candle to show up before we could take a nice long trade.
However, if price breaks through 1.42, we could expect to short it upon retrace.
Key Resistance
-1.46
Key Support
- 1.42
Trade closed: target reached
Note
+ 323 pips
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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.
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.