EURAUD possible sell off very soon !!
Welcome to Fxtrading services, we provide Forex mentorship to our costumers.
Fundamental analysis: Phase one deal seems do be reached, the market has already priced in this. We are waiting for a hawkish tone between US and China for phase two.
Technical analysis : Strong level created around 1.62 if we see a strong break could go to 1.61 level which is 61.8 fibonacci retracement.
RSI: Just approaching 50% on daily chart if we see a break It will be an extra confirmation for our short position
Feel free to visit our website: fxtradingservices.com
Instagram: fxtradingservices
Fundamental analysis: Phase one deal seems do be reached, the market has already priced in this. We are waiting for a hawkish tone between US and China for phase two.
Technical analysis : Strong level created around 1.62 if we see a strong break could go to 1.61 level which is 61.8 fibonacci retracement.
RSI: Just approaching 50% on daily chart if we see a break It will be an extra confirmation for our short position
Feel free to visit our website: fxtradingservices.com
Instagram: fxtradingservices
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.