Home Forex Market Analysis Forex Signals EURAUD Breakout Retest Buy

EURAUD Breakout Retest Buy

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Flow Assessment

Overall buy flow, sellers are reacting off this area, but buys are holding.

Location Assessment

Price is at a buyers area and is being defended.

Momentum Assessment

There was a buildup of buyer positions and now price seems like it is retesting the area

Entry Price – Buy 1.68645

Stop Loss – 1.64283

Take Profit – 1.65866

Risk to Reward – 1:1.82

Profit & Loss Per Standard Lot = -$406/ +$738

Profit & Loss Per Micro Lot = -$40.6/ +$73.8

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