EURAUD for a BIG MOVE
euraud is having one of the most aggressive declines I have seen in my professional trading career, currently showing oversold levels of 4.5 on H4 without a single bounce, which is amazing.
In my opinion they are forcing selling for a big move to the upside. At this 61.8 fibonacci zone it should stop.
What do you think?
In my opinion they are forcing selling for a big move to the upside. At this 61.8 fibonacci zone it should stop.
What do you think?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.