EURAUD: Watching for a long entry
Updated
This pair has been trending down in a consolidation pattern, until we observed what looked like a trend reversal.
Currently moving sideways, this pair is in a race to see who eases faster.
Will the RBA or the ECB win the race to the bottom?
Analysis on chart, there are multiple reasons to look for an upwards explosion, keep an eye on it.
Good luck,
Ivan.
Currently moving sideways, this pair is in a race to see who eases faster.
Will the RBA or the ECB win the race to the bottom?
Analysis on chart, there are multiple reasons to look for an upwards explosion, keep an eye on it.
Good luck,
Ivan.
Trade closed: target reached
Trade closed: target reached
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