Downloading...
Euro / Australian Dollar
Long

EURAUD - A Simple Structure Trade

1 870
A simple structure trading opportunity here on the EURAUD. What I'm looking at is price action pulling back into a previous level of structure support & forming a double bottom with divergence on the RSI.

If we rally the 2 levels that I'd predict price action to run towards would be the $1.40 even handle & $1.4050's level.

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.