Mihai_Iacob

EurAud- Trade update

Long
Mihai_Iacob Aggiornato   
FX:EURAUD   Euro / Dollaro australiano
Yesterday I was wondering if we have a higher low in place for EurAud, and it looks like this at this moment with the pair putting in a morning star candle formation on our daily chart.
However, 1.5600 has proven to be strong resistance and sellers were strong here so far.
In order to continue to my 1.59 target, EurAud needs a daily close above this resistance.
Also, 1.57 zone will act like interim resistance
Commento:
As I said, bulls need to conquer 1.56

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