EUR/AUD has been exhibiting an overall bullish market sentiment over the past few months. At the end of last week, price rejected a key level of support with a strong bullish candle. Of significant note also is the long wick at the bottom of this bullish candle on the day chart . Given this price action I anticipate price to respect the 61.8% fib level before flagging and making it's way back to 1.635 area. This trade is for demonstration and educational purposes only. Trade at your own risk.
Giao dịch đang hoạt động:
On track for buy