It's a 1:5-6 R/R potential here thus, it's definitely worth a BUY with a tight, 23 pip Stop. Target >1.1910. (Personally, I prefer EURAUD Long. See previous post.) Don't let the potential stop hunt here to scare you!
Note
If you missed the initial entry, here is where one can get back on board - Buy -, still w. a 20 pip stop, +100 pip target. I.e. Still a 1;5 R/R.
Note
If not LONG, yet, buy it up here ~@1.18 w. 13 pip Stop! Intermediate target remains the same: 1.1900.
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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.