Description :
Looking at the H4 chart, my overall bias for EURAUD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 1.54488, where the overlap support is. Stop loss will be at 1.53332, where the recent swing low is. Take profit will be at 1.57508, where the previous swing high is.
Trading Recommendation
Entry: 1.54488
Reason for Entry: Overlap support
Take Profit: 1.57508
Reason for Take Profit:
Previous swing high
Stop Loss: 1.53332
Reason for Stop Loss:
Recent swing low