Should price action for the EURAUD remain inside the or breakdown below the 1.6065 to 1.6160 zone the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position @ 1.6100
- Take Profit Zone: 1.5900 – 1.5960
- Stop Loss Level: 1.6185
Should price action for the EURAUD breakout above 1.6160the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position @ 1.6175
- Take Profit Zone: 1.5800 – 1.5895
- Stop Loss Level: 1.6100
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