EUR/AUD: Buying the pair for 50 pips, see why !
Updated
The pair is printing higher lows and higher highs (HL/HH), suggesting buyers are in control. It's currently above the pivot level.
EUR is one of the strongest pairs today and NZD one of the weakest.
The pair broke on H1 and M15 major levels:
- on H1 and M15 price is now ABOVE the cloud
- on M15 the lagging span broke the Kijun-Sen, Tenkan-Sen, and the KUMO, indicating it's super bullish. We can also see that the LS is free of any resistance on H1.
I will wait for a minor retracement and go long from there. Targeting the previous highs.
Trade at your own risk
EUR is one of the strongest pairs today and NZD one of the weakest.
The pair broke on H1 and M15 major levels:
- on H1 and M15 price is now ABOVE the cloud
- on M15 the lagging span broke the Kijun-Sen, Tenkan-Sen, and the KUMO, indicating it's super bullish. We can also see that the LS is free of any resistance on H1.
I will wait for a minor retracement and go long from there. Targeting the previous highs.
Trade at your own risk
Trade active
Note
Targeting 1.65580 - 1.65630 levelsTrade closed: target reached
Related publications
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.