EURAUD analysis

EURAUD
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending wave pattern of the H1 level is truncated. A bullish divergence has formed on Awesome Oscillator.

EURAUD rate online: monitor the price movement in real time.

Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern of the H2 level.
Stop Loss under the local minimum of the descending pattern.
Target level: 1.6420.
Fix part of the profit on the ratio 1/1 (stop loss/profit).