EURAUD - 5 to 1 Long Trade Idea

Hello all - DuncanForex here with a trade idea

With USD gathering momentum and AUDUSD rolling over and creating a bearish engulfing candle on today's daily close

I am looking to go long EURAUD after the downward resistance line was broken earlier this evening.

I will be trading this closely as I think it is only a short term retracement before EURAUD heads lower again.

Thanks for looking

Duncan

Trade aktif:

additional entries at 1.5977 - Daily Pivot

Trade aktif:

all stops moved to 1.5975 as USD weakness has occurred sooner than expected