EURAUD long (retracement to fib 0.613 completed)
After last week EUR explosion, a follow through is to be expected. And EURAUD seems to be a very good candidate (especially given the AUD bulls are giving signs of exhausion).
The pair retracement to the 0.613 fib level is now complete.
Target #1 : 1.5343 (fib ext 1.414)
Target #2 : 1.5469 (fib ext 1.618)
Stop loss : 1.469
The pair retracement to the 0.613 fib level is now complete.
Target #1 : 1.5343 (fib ext 1.414)
Target #2 : 1.5469 (fib ext 1.618)
Stop loss : 1.469
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