Euro / Dollar Australien
Long

Lingrid | EURAUD pullback to SUPPORT with Trend CONTINUATION

573
EURAUD market is currently trading at the key level of 1.65000 and is near the previous day's high. EURAUD is showing bullish momentum by making higher highs and higher lows. Given this trend, I think the market is likely to move to higher levels since the price closed above the psychological level on the 1H timeframe. However it may consolidate around this level before breaking through. If the market pulls back and rejects the support level and the upward trendline, I expect the price to rebound from these support levels. My goal is resistance zone around 1.65700


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