StraightForex

EURAUD in a clear bullish condition

Written by Raul Lopez on . Posted in Trades & Analysis

One of the currency pairs that I’m currently monitoring, and looking for long opportunities is the EURAUD. It is trading well above all important levels on the short term charts. This is how the short term chart looks like:

Basically what I’m waiting for is just for a small retracement, then a significant pattern with upward pressure to go long.

The next LT resistance level on the EURAUD is at 1.4224

Trade Safe!

Raul Lopez
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Tags: EURAUD analysis, forex

Raul Lopez

I've been trading the markets for more than 14 years. All my trades are based on price action. Check out my Forex Trading Room. I can help you trade with better results.

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