💡Don't miss the great buy opportunity in EURAUD Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.6559).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.6680
TP2= @ 1.6775
TP3= @ 1.6890
TP4= @ 1.7019
TP5= @ 1.7195
SL= Break below S2
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Eruraud
GBP/USD Potentiol break bearish penantCurrently the market has been forming LL and LH in a downtrend.Price is below our 200,50,20 EMA. As well as our ichimoku clouds are above price which suggest that the market is still in a bearish phase. With price action on our monthly weekly and daily has illustrated a bearish candlestick. , . Fianlly for price to reject our 20 EMA which will give us a final confluence.Or either await till price hits a 318 to form our c leg and sell.