InstaForex - Analytics


    739.75 6.25/10
    62% of positive reviews

    EUR/AUD Trading Recommendations for 21st June, 2016


    Show full picture

    We can see that EUR/AUD is right on the major support now. It has formed a double bottom and is right on 'neckline' support. It's right on channel support, moving average support and fibonacci support (38% retracement). Along with that, it is also on stochastics (34) supports. We look to see a strong bounce from here to at least 1.5585

    Trading recommendations:

    Buy now

    Stop loss at 1.5585

    Take profit at 1.4890

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree