EUR/AUD BULLS ARE GAINING STRENGTH|LONG

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Hello, Friends!

Previous week’s red candle means that for us the EUR/AUD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.629.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Bullish PatternsbuyChart PatternsEURAUDforecastForexLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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