Wait for Long signal
Aggiornato
EURAUD is forming the bowl bottom and test the residence 1.595, which is close to the Fibonacci 0.5. At once it breaks the residence, it's the signal to buy.
However, it doesn't mean that EURAUD will reverse soon.
However, it doesn't mean that EURAUD will reverse soon.
Nota
Euro is still supported by the up-trend line. It's good opportunity to buy when Euro touched it then wait for breaking out the residence.Nota
It's moving on and will test 1.605 residence.
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