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Euraudlong

EURAUD - swing trade The deal is for a couple of weeks, maybe a month. After the breakdown, it would be worth holding the trade open until the target. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
16
EURAUD facing bullish pressure, potential for further upside!Price is facing bullish pressure as it continues to hold above both the ascending trendline support, in line with our bullish bias. We could potentially see a bounce at our 1st support level at 1.54635, which is in line with our 61.8% Fibonacci retracement and 161.8% Fibonacci extension, and a further rise towards our 1st resistance level at 1.55420, which is in line with our 50% Fibonacci retracement and 78.6% Fibonacci extension. It is worth noting that the MACD is above the 0 line, showing bullish pressure in line with our analysis. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
1