ForecastCity

Excellent Long-Term Hunting Opportunity in EURAUD, Don't miss it

Short
FX:EURAUD   Euro / Australischer Dollar
Trading suggestion:
Price is in the Trend Hunter Sell Zone (1.5650 to 1.5770), we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (1.5650)
.Ending of entry zone (1.5770)

Technical analysis:
.A trough is formed in daily chart at 1.5260 on Mon, 01/29/2018, so more gains to more heights is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index (RSI) is 61.

Take Profits:
TP1= @ 1.5525
TP2= @ 1.5335
TP3= @ 1.5225
TP4= @ 1.5075
TP5= @ 1.4950
TP6= @ 1.4690
TP7= @ 1.4445
TP8= @ 1.4040
TP9= @ 1.3675
TP10= @ 1.3160
TP11= @ 1.2225
TP12= @ 1.1600
TP13= @ Free

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