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FX.co ★ EUR/AUD profit target reached, continue to buy

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Forex Analysis:::2016-10-05T08:14:41

EUR/AUD profit target reached, continue to buy

Price has reached our profit target from yesterday. We look to buy above 1.4715 support (channel exit) for a push up to 1.4885.

RSI (21) has made a bullish exit as expected and this keeps our bullish view on EUR/AUD.

Buy above 1.4715. Stop loss at 1.4570. Take profit at 1.4885.

EUR/AUD profit target reached, continue to buy

Analyst InstaForex
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