EUR/AUD - Euro Australian Dollar
Short term (Intraday)
1,6940. EUR AUD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The uptrend should continue to gather momentum.
=> We could take a long position at 1,6920. We will put the stop loss below 1,6885 (-35 pips). The targets are 1,7000 (+80 pips) 1,7040 (+120 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
=> We could take a long position at 1,6920. We will put the stop loss below 1,6885 (-35 pips). The targets are 1,7000 (+80 pips) 1,7040 (+120 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
- Resistances
- 1,6950 - 1,7040
- Supports
- 1,6885 - 1,6850
updated 06 août 2008 12:32 GMT +02:00
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