EURAUD Analysis - peteregwufx

EURAUD Analysis

On EURAUD, I am going long. This could be a risky trade but everything about forex is risky too. So, nothing to be afraid of.

I see a double top on daily that is broken (break of structure) and I am also seeing another double buttom that is forming; I am believing that it is a sign that euraud is preparing to push higher for like 150pips to the upside.

So, I takimg a stand on a buy to the 1.64801 level. If you check careful, you we would also see a gap between 1.64098 and  1.63885, this is also a confirmation and a reason a favour a long idea. 

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