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Euro / Dollar Australia
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EA play the range for longs, wait for shorts

Oleh maxw3st
Diupdate
The pair traded for about 17 days in the 1.80 range this year (including the spike into the high 1.90s). It should be easier for the pair to move back up there again. I won't short the top of the range, but wait for spikes above it. cuplikan
Trade aktif
You can see that EA is just reaching the upper margin of the bottoming zone. 1.61 is not massive support, but should give way to 1.59—60 area before a significant swing up. cuplikan
Trade aktif
cuplikan
Trade aktif
May, or may not bounce from here. It has a number of support levels below that can come into play without breaking the long term up trend. cuplikan
GannTechnical IndicatorsTrend Analysis
maxw3st
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