Long EUR/AUD: the price is likely to continue the rally after making a correction and retracing to the 1.70450 support level

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Written on Mar 7, 2025
Reading time 1 minutes

Long EUR/AUD: the price is likely to continue the rally after making a correction and retracing to the 1.70450 support level

Open Profit

Signal timeline

Stop loss $1.68288 (1.27%)
Current price marker
Entry zone $1.7045
Current price marker
$1.7055
Current price marker
Take profit 1 $1.702 (-0.15%)
Current price marker
Take profit 2 $1.736 (1.85%)
Current price marker
Take profit 3 $1.76927 (3.80%)
Arrow Current price $1.7862 (4.79%)

Trading signal summary

Buy/sell asset Buy EUR/AUD
Entry zone $1.7045 - $1.7055
Stop loss $1.68288
Portfolio risk 1%
Leverage 1:100
Take profit 1 $1.702
Take profit 2 $1.736
Take profit 3 $1.76927
Est. trade duration 1-4 Weeks
Maximum profit 3.80%
Maximum loss 1.27%
Overall trade risk Low

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