Currency Pair Euro Australian Dollar EUR/AUD is trading at 1.4034. The pair continues to move within the framework of the downward forex model of the Wolfe wave for the purpose of the offspring at 1.3830. Also on the pair is formed a reversal forex head and shoulders model with the goal of working at the level of 1.3570.
Forex Trading signals EUR/AUD on March 17, 2017
At the moment, quotes are testing the area of formation of the right shoulder of the model, from which one should expect the beginning of the decline.
Forex Trading signals EUR/AUD on March 17, 2017, involves the sale of the EUR/AUD pair from current levels, with a stop-loss stop at 1.4065, the take-profit is at 1.3590, opening a new trade is at 1.3870.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
