In the weekly chart, the uptrend line in EUR/AUD chart is intact. So, I am expecting a rapid rise in EUR/AUD very soon.
Since the analysis is based on the weekly chart, we need to manage our entries carefully.
I am looking to put Buy trades between 1.61 to 1.63 with first target at 1.70 and SL below the uptrend line.
Since the analysis is based on the weekly chart, we need to manage our entries carefully.
I am looking to put Buy trades between 1.61 to 1.63 with first target at 1.70 and SL below the uptrend line.
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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.