EURAUD poised for BIG Move

[ProFXTrader]

Trade set-ups for 05/15/2015



Currency Pair: EURAUD
Closing Price: 1.4115
Entry Order: BUY stop @ 1.4143
Stop loss: 1.4095
Take profit: 1.4387

Analysis: This pair has formed BOTH, an inverted head-and-shoulders and a double-bottom price pattern. Should follow-through quickly after today’s large key reversal price action. I see a large potential gain in this pair over the next few days - and weeks ahead.

 

[fxstrategist]

Euraud

The EURAUD could find a good resistance around the 1.4200 round number level. A breakout below the 1.4000 level could indicate a continuation to the downside.

 

[csc2009]

The EURAUD could find a good resistance around the 1.4200 round number level. A breakout below the 1.4000 level could indicate a continuation to the downside.

Break of resistance level at 1.4200, upward trend continues.

 

[Arashimuro]

I think that EUR/AUD asset will go down.

 

[arigoldman]

Interesting takes. Keeping an eye, thanks.

 

[Arashimuro]

The price on EUR/AUD moves to support level. When 1.45420 mark will be passed, I’m gonna sell.

 

[arigoldman]

Bullish on the pair.

 

[arigoldman]

Waiting for confirmation.

 

[Arashimuro]

As the price has reached the level of resistance, I think that now it will go up and will reach the 1.4865 mark.