Euro / Australian Dollar
Long

EUR/AUD Rocket getting ready for the launch, 1000 Pips TP

1 803
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.

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