EURAUD CURRENTLY IN ZIGZAG RANGE ..WHAT CAN HAPPEN...???
RED LINE :
IF EURAUD BREAK THE CURRENT RESISTANCE IT CAN MOVE TOWARDS FRESH RESISTANCE AND THEN
GO SHORT @ 1.64550 WITH STOP LOSS @ 1.64800
TAKE PROFIT @ 1.63750
GREEN LINE :
IF IT FAIL TO BREAK THE RESISTANCE THEN IT WILL MOVE TOWARDS SUPPORT ZONE AND THEN
GO LONG @ 1.62350...
EURAUD pair has consolidated good near the July support zones and is not looking for reversal.
RSI is showing the gain of strength and over all the Euro Index is showing positive signs.
on late Friday it broke the 5 day long trendline and now gaining strength.
on hourly it has formed a reversal inverted head and shoulder pattern. and on 4 hourly it has made a...
Price nearly reached the support levels and took the support to reach the exact resistance levels in 6 days of trading, this shows how bullish it is. Now at the resistance price is getting rejected little if price closes above 1.66 then there is a good chance for going long.
Hey Trades. Welcome back .I Actually missed to publish the previous buy with +100 pips Profit scenario . There is a strong bullish push now again we can enter this buy position with Great Risk Reward i;e 1:5 .Please Message me for more profitable trades. Thank you