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Euraudbuy

EurAud- Where is my buy zone?In the past 2 weeks, I draw attention to EurAud and said that a break above 1.5850-1.59 resistance is probable and, in that case, the pair could rise to the next 1.62 resistance. This happened on Friday... In my opinion, the trend for EurAud is up and we should look for opportunities to buy. Looking at the chart we see that the pair is retracing some of the up move, which is normal after a 400 pips rise in 3 days. This should offer bulls an opportunity to join the trend and a good place for buys is around 1.6 figure.
Long
by Mihai_Iacob
5
EURAUD Can give an UP side BREAKOUTEURAUD currently facing a small RESISTANCE between the price of 1.59356-1.59783. If you look at the above chart you can see there is a triangular pattern formation. If you look at candle near the RESISTANCE area you an see 4 small candle and a big BULLISH candle, which covers all the previous candle. There is a HIGH chance of giving a up side breakout by next week. In case if it respect the RESISTANCE are then it can fall till the blue TRENDLINE that I have drawn in the chart. MY OPNION- One can take a LONG POSITION by putting a STOPLOSS below the blue TRENDLINE that I have drawn in the chart. NOTE ENTRY-1.58000-1.59500 STOPLOSS-1.56000 (Adjust it as per the blue TRENDLINE if it goes up) 1ST TARGET-1.62500 2ND TARGET-1.67950
Long
by chartisttrader1
EurAud to break resistance, 1.62 remains my targetIn my previous analysis on EurAud I said that as long as 1.56 is intact, the pair is in an uptrend and once 1.5850-1.5900 resistance is cleared, the pair can continue its rise to the next important resistance at 1.62. Last week EurAud dropped to confirm again 1.56 as support and today we can clearly see that dips are bought I expect a break up sooner rather than later and only a daily close under support will negate this bullish scenario
Long
by Mihai_Iacob
11
EUR/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/AUD for the new week ahead i am expecting the EUR/AUD to continue bullish this week I have noticed a dragonfly Doji on the weekly, wait for pullback into the order block zones and i will be looking for a buy trade only, if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Long
by Costy13
EUR/AUD BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. This is meant to be apreparation for you. As always we will ahve to wait for a confirmation! EUR/AUD:Daytrade-Preparation Notice: Waiting for confirmation! Market-Buy: 1.57420 Stop-Loss: 1.57190 Point of Risk-Reduction: 1.57685 Take-Profit: 1.58380 Stop-Loss: 24 pips Risk: 0,5% -1% Risk-Reward 4,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
3