EURAUD Long idea and breakdown.

Morning traders.

Idea for a long EURAUD.

Multiple confluence for entry. 4H uptrend and support level from horizontal channel.

Take Profit just below previous high and below psychological number 1.56000

Stop loss features:
1H ATR
Below channel support
Below 4H uptrend
Below 1.5350 psychological number which is also a major daily support area

See how it plays out. Happy trading
Chart PatternsEURAUDTechnical IndicatorsTrend Analysis

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