EURAUD has been an interesting pair for as well. It correlated well with my analysis last week and went positive around 100 pips before it turned around. The pair then hovered around 1.56011 levels before breaking clear the trend line as of this monday morning. My sentiment on this pair is now bearish, but i would want to see it test the 61.8% and 76.4% before playing this pair hard.
Note
That accuracy lol Note
BAM! Perfect. I suspect that prices will go back up to around 1.5045 from at around the 76.40% fib level
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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.