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EUR/AUD Trading Analysis (29/05/2024)

29.05.2024

Market Review

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure has finished. There is a bullish divergence on the Awesome Oscillator.

EUR/AUD price chart

Trading idea:

Buy at the breach of 1.63267.

Stop-Loss at 1.6280.

Target price levels at 1.6395 and 1.6420.

#euraud #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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