EURAUD set for a rally? Intraday buy opportunity
We have been following this pair for intraday buy opportunity.
On the D! chart we have bullish divergence.
We also have divergence on H4 chart which also confirms the divergence on D!.
On the H1 chart we have a breakout of the range creating higher highs.
There is an ideal chance for a long trade as a correction is happening at the moment.
Protection should be placed below the swing low and the H1 range.
Target 1 – twice the stop loss.
Target 2 – 1.5030.
On the D! chart we have bullish divergence.
We also have divergence on H4 chart which also confirms the divergence on D!.
On the H1 chart we have a breakout of the range creating higher highs.
There is an ideal chance for a long trade as a correction is happening at the moment.
Protection should be placed below the swing low and the H1 range.
Target 1 – twice the stop loss.
Target 2 – 1.5030.