Mihai_Iacob

EurAud to break resistance, 1.62 is my target

Largo
FX:EURAUD   Euro/Dólar Australiano
After reaching a low at 1.53 zone at the end of October, EurAud has reversed strongly and has risen to 1.61. A correction followed and at this point, we can consider it over and a higher low in place at 1.56.
At this moment EurAud is facing resistance at 1.5850 zone and a break here would open the door for more gains to and above 1.62
I'm bullish as long as 1.56 is intact
Buy dips can be a good strategy for this pair

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