EUR AUD 900 Pip Buy Opportunity

By cvfxwealth
Updated
Technicals Technicals Technicals no matter what fundamentals occur.

EURAUD is in an upward bullish channel and has held multiple times.

Signals:
1. Currently at bottom of weekly channel acting as support.
2. Stochastic RSI weekly and daily oversold and in the buy zone.
3. Upward Trend still dominant.

TP 1 at next Resistance
TP 2 at top of weekly channel


Good luck trading.

Charles V
CVFX Management
Comment
Note that TP2 at red line is actually the SL Stop Loss, typo error on my part.
Comment
Weekly Update: Last week closed with a strong daily bull candlestick. Trade looking very good to climb up, expecting new high this week.
Chart PatternsEURAUDTechnical IndicatorsLONGtradesTrend Analysis

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