EURAUD Falling Wedge and Long Opportunity
Chart timeframe: H4
Description: EURAUD completed Falling Wedge pattern. Possible to retest the wedge – 1.59600- and move up. Retracement towards 1.59500 can be used as buying opportunity.
AREA OF THE ENTRY: 1.59800 – 1.59500 Wait for the pullback as described in the chart.
TARGET 1: 1.60700
TARGET 2: 1.61500
INVALIDATION/STOP LOSS LEVEL: 1.58500
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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