EUR/AUD Trade Idea

Hello and welcome to my Trade Idea of the currency pair EUR/AUD.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is in a permanent uptrend.


Weekly: In the last 3 weeks are 3 big green candles who confirm bullish strength.


Daily: First of all we see a nice uptrend on daily. At the end of the trend, where we are now, a consolidation occur.


H4: On the H4 timeframe we draw the H4 Support area and the counter trendline.


Have a nice day.
Chart PatternsEURAUDForexTechnical IndicatorsLONGswingtraderTrend Analysis

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