EURAUD – Looking for longs

The EURAUD traded in a short term range around an important LT resistance level, but earlier this morning it broke through the upper extreme of the range triggering a bullish market condition:

I’d like to see how it behaves around the ST support level (green line), if I see a significant pattern with upward pressure I’ll definitely go long.

Trade Safe!

Raul Lopez
Forex Training

EURAUD analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .