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

Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (1.5390 to 1.5525), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (1.5390)
.Ending of entry zone (1.5525)

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

Technical analysis:
.A peak is formed in daily chart at 1.5495 on Thu, 01/25/2018, so more losses to support(s) 1.5225, 1.5075, 1.4950 and to more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 47.
.Current short-term is range bound, but beginning of downtrend is expected.

Kommentar:

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