FX:EURAUD   Euro / Dollar Australia
EURAUD Buy opp here. The European union has been getting great news about the recent $1.8 trillion dollar stimulus package. The European Union has also been having great conversations about settling a Brexit deal. With that in mind the EUR looks strong. The AUD is looking good as well. There is important news coming out tonight at 6pm. But other than than that, no Aussie news. My thought on this trade is to take it in a buy to the most recent high, which will be about 40 pips from my entry. Considering that price has already falsely broke the below zone and trendline, and is also now finishing its retest above this minor zone, price looks like it will continue to make strong moves to the next major zone, and at least to the 40 pip target. Stay tuned, lets see how this goes.
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