EURAUD: Staging a breakout of the Range. Buy the Pull back

44
The pair has been trading in the range for very long time. It has breached the range on 5th attempt. Now the price may retrace to retest the ceiling it has broken. We may treat it as an opportunity to make a Long entry.
Stop Loss , along with the TP1 and TP2 has been placed on the chart for ready reference.

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.