FX.co - EUR/AUD profit target reached, continue to buy

2016-10-05T08:14:41

Long-term review

Price has reached our profit target from yesterday. We look to buy above 1.4715 support (channel exit) for a push up to 1.4885.

RSI (21) has made a bullish exit as expected and this keeps our bullish view on EUR/AUD.

Buy above 1.4715. Stop loss at 1.4570. Take profit at 1.4885.

EUR/AUD profit target reached, continue to buy

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ EUR/AUD profit target reached, continue to buy