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EURAUD: Forecast and Technical Analysis

Long
Euro / Dollar Australien (FX:EURAUD)  
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FX:EURAUD   Euro / Dollar Australien
Trend Analysis Chart Patterns Fundamental Analysis Forex trading Technical Analysis EUR aud EURAUD euro australiandollar market
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trendanalysis chartpattern fundamental forex trading technicalanalysis eur aud euraud euro australiandollar market
snapshot

On a daily EURAUD is facing a key rising trendline.
Bets are high that the market, at least partially, will respect the trendline and we will see a pullback.

Pay close attention to a falling wedge on a 4H and wait for a bullish breakout of it to buy the market.

Target levels will be
1.62
1.64

Stop will be below the lowest point of the wedge.

Good luck!
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