EURAUD - Trendline retest LONG

2020-03-05 18:45:43

Overextended run to the upside, now staying patient and awaiting a pullback for a trendline bounce which also aligns with the 78.6% retracement.

Entry: 1.622
SL: 1.585
TP: 1.782 (Also aligning perfectly with weekly key resistance level 78.6% retrace)