EUR/AUD FORECASTA higher time does signal a possible deeper swing of the pair in question,however long range analysis shows that where we are to place our SL is also a possible swing back to our anticipated TP.
we will therefore not be dismayed should our SL be hit,and will in turn serve as our reentry position and a further 250 units shift for SL2.
entry at 1.61700
TP at 1.64000 max.
SL at 1.61340 max.
Please be advised that our markets forecast a merely a forecast of what may be anticipated in the market and do not guarantee any success in trading.
Trade with caution and use proper risk management.