EURAUD 1Hour Signal Chart

Follow signal progress on the chart below.

Euro vs Australian Dollar 60 minute chart (click on chart to zoom)

EURAUD Comment

Good morning , This is our view regarding the Euro vs Australian Dollar pair, following the late Asian session today Thursday September the 14th. By: Sherif Butt – www.LIONsignals.com


The Euro vs Australian Dollar pair, Has plummeted lower during the Asian session early this morning. With the pair lossing nearly 15 pips, it continue’s to move up in a strong BULLISH trend as it did in the past days ( view Daily chart below ).
On the other hand, EURAUD is holding well below the long term 200 days simple moving average (thats why we dont recommend any short trades on the EURAUD for the coming days).
The 50 and the 20 days simple moving averages are also confirming continuation for the well established BULLISH trend. You should be however, alerted to the BULLISH Pennet Pattern which is emerging on the 1H Chart. It might break up in the direction of main – Trend on Daily Chart.
CONCLUSION: As per above general BULLISH trend; Only Long trades to be considered following completion of any counter trend falling correction on the 60-minute chart.

β–² Buy Signal Details

Time Th 2017.09.14 11:32
Pair EURAUD
Buy@ β–² 1.4868
Stop @ 1.46596
1s TP @ 1.50596
2nd TP @

No 2nd TP!

Euro vs Australian Dollar Buy signal information table


EURAUD Chart

EURAUD Daily Live Chart


(Note: This conclusion is only valid as long as price is holding above the 200 periods simple moving average (red dotted line) on the 60-minute chart,
A Long signal is available now for review on the right
)

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