Price nearly reached the support levels and took the support to reach the exact resistance levels in 6 days of trading, this shows how bullish it is. Now at the resistance price is getting rejected little if price closes above 1.66 then there is a good chance for going long.
Hey Trades. Welcome back .I Actually missed to publish the previous buy with +100 pips Profit scenario . There is a strong bullish push now again we can enter this buy position with Great Risk Reward i;e 1:5 .Please Message me for more profitable trades. Thank you
The daily is turning down against the 3/19/20 highs at 1.9800. The 4 hour right side is down against the June highs at 1.6589. While below the 1.6400 highs, more importantly the June highs the pair can see a turn back lower continue.
Short term trade
good luck !
The 4 hour right side is down against the 3/19/20 highs at 1.9789. Ideally while below the late June highs there the pair can see a turn back lower continue. Before fall we can see a short term rally towards 1.6350
Good luck !
EUR AUD is trading on his Daily resistance, on other side AUD is trading on weekly support we can see a short term Aud bounce from this point , technically EUR/AUD the 1 hour right side is down with a bearish sequence. Near-term while below the the 1/24/19 highs the pair can continue lower again to correct the cycle up from the 2/22/17 lows.
EURAUD has Formed strong bearish pin bar and taken resistance from trend line too. Entry can be taken after a small correction which price can take from 200 EMA.Overall Trend is down so more downside can be seen this week in this pair.