EURAUD BUY/LONG Trade Setup: February 2017 EURAUD found a bottom, rallied higher and has been trending higher since. Traders should continue to follow the trend and look for possible signals for any buying opportunities. At the moment the pair can extend higher as long as the September 20/2018 low holds. A simple A-B-C (Red) Elliott Wave correction can be seen and has possibly terminated in the blue box, where we at EWF, expected the pair to find buyers and bounce. The move/wave higher, from September 20/2018 low, can now be possibly labelled as red wave 1 and at the current moment we are expecting for the possible red wave 2 to terminate
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