EURAUD Long To 1.71000

Strategy Entry - Martingle

Entry Every 50pips Reversel At Price Below

1.68000 - 1.67500 - 1.67000 - 1.66500

Target Profit At Every 50-100pips BRN

1.69000 - 1.70000 - 1.71000

TA Reason

- Buyers Dominan Based On CS Pattern
- Price Trending At Uptrend Channel
- Price Above BRN 1.66000

FA Reason

- Bank of England opts against a rate cut

bankofengland.co.uk/monetary-policy-summary-and-minutes/2020/may-2020

- RBA - Statement by Philip Lowe, Governor: Monetary Policy Decision, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.

rba.gov.au/media-releases/2020/mr-20-13.html
Candlestick AnalysisFundamental AnalysisTrend Lines

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