EURAUD 240 Long

Updated
Price recently broke the downward trend it is also close to the 50% retracement from the large swing high to the most recent low. It also retraced 100% on the most recent higher low signaling a trend reversal. Price may retest the 50% fibo before dropping and then proceeding up. Wait for the next 2 candles to close and watch for the direction.
Entry 1.53722
TP1: 1.55226
TP2: 1.55726
Trade closed: stop reached
Chart PatternsTrend Analysis

Disclaimer