EURAUD: Forecast and Technical Analysis

2019-11-07 15:29:15

https://www.tradingview.com/x/aAZPoYwS/

On a daily EURAUD is facing a key rising trendline.
Bets are high that the market, at least partially, will respect the trendline and we will see a pullback.

Pay close attention to a falling wedge on a 4H and wait for a bullish breakout of it to buy the market.

Target levels will be
1.62
1.64

Stop will be below the lowest point of the wedge.

Good luck!