In this analysis, Euro/Australian Dollar show us a good opportunit to put in long position in this par!!!
The trend is up!!! And I dont't have idea on it that they going to down.
In H1 we appreciate a bullish rising wedge, and then, in H4 timeframe teh price touch the 0.382% of Fibonacci and this is a huge opportunity to find up 300 pips.
Remember that we following the fundamentals about what European Central Bank want to created, if you're interesting to read the Euro Fundamentals, please link to related idea of EUR/USD and EUR/GBP
I put a buy order limit at $1.6450 USD with the SL at 73 pips and target profit of 300 pips.
The trend is up!!! And I dont't have idea on it that they going to down.
In H1 we appreciate a bullish rising wedge, and then, in H4 timeframe teh price touch the 0.382% of Fibonacci and this is a huge opportunity to find up 300 pips.
Remember that we following the fundamentals about what European Central Bank want to created, if you're interesting to read the Euro Fundamentals, please link to related idea of EUR/USD and EUR/GBP
I put a buy order limit at $1.6450 USD with the SL at 73 pips and target profit of 300 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.