EURAUD at channel bottom
I see a nice bullish channel and on daily chart, EURAUD is testing a support line in place from end of Mars.
There's also a thick weekly Kumo cloud beside 1.4667 level that should support the price.
RSI seems to be at a support area too.
Maybe the call is to early, no sign of rejection until now. Maybe I should wait.... Let's see
SL: 1.4620, below daily last low and below weekly SSB
TP: 1.5243, just below daily last high
There's also a thick weekly Kumo cloud beside 1.4667 level that should support the price.
RSI seems to be at a support area too.
Maybe the call is to early, no sign of rejection until now. Maybe I should wait.... Let's see
SL: 1.4620, below daily last low and below weekly SSB
TP: 1.5243, just below daily last high
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.