EURAUD to continue BULLISH.

Updated
Why is this so?

  • Some of the reasons was stated in the Dec-13 post.


  • The pair achieved target and make a pullback.


  • A flash moved on Jan-3 make a huge reversal.


  • Price moved lower however failed to continue.


  • Price tested the inverted H&S and closed higher.


  • Price might move higher towards 1.6590 area.


  • Already LONG at 1.6052

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Trade closed: stop reached
SL hit. Stand aside waiting for next opportunity.
Chart PatternsEURAUDeuraudanalysiseuraudbuyeuraudlongTrend Analysis

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