Monday, March 18, 2019

EUR / AUD is waiting for the purchase conditions to be met


The pair dropped during early trading to trade near the key support areas 1.5900 while the RSI is floating sideways with a distinct sell saturation on the developed MACD and also the pair has not succeeded in trading the highest of the 14 averages so far

So far we can not enter into a buy before the completion of the terms of purchase while the current trading levels can not be sold in the presence of a clear sell saturation so we prefer to complete the terms of purchase and is supposed to return the pair to trade higher 1.5952 will give us a positive look that prompts us to enter the purchase with close targets

Trading Recommendation
Buy the pair from 1.5952
Stop loss 1.5870
Take the first profit 1.5975
Take Second Profit 1.5988

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