Possible EURAUD Long Opportunity

٣٠ مارس ٢٠٢١

EURAUD has been trading in a downtrend and has recently broken out of a descending regression channel to the upside. The pair is currently testing a daily support level, which is conveniently the regression channel's upper trend line. I believe this confirms the presence of a bullish trend.

Entry at 1.54000, Stops at 1.53000 & Target 1.56000

Trading ideas are subjective. Individual analysis advised.