[13/1/22] EURAUD Bearish bias
PAIR IN FOCUS: EURAUD
BIAS: BEARISH / SHORT
Price has broken down from a support zone, currently consolidating and could head lower for another leg down. Market shifted into risk-on sentiment which could see risk-on currencies (e.g., AUD, NZD) continuing strengthening, which would then see EURAUD declining.
BIAS: BEARISH / SHORT
Price has broken down from a support zone, currently consolidating and could head lower for another leg down. Market shifted into risk-on sentiment which could see risk-on currencies (e.g., AUD, NZD) continuing strengthening, which would then see EURAUD declining.
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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.