EURAUD buying zone
We're following the EURAUD on the 1H chart, the trend and momentum are clearly bullish, and we're looking to buy the pair at a correction into a point of confluence between the ascending trend-line, the 50% fib of the up move, and the horizontal support and resistance area. Our stop will be just below this point of confluence, and our target is at a minimum the recent swing high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.