With the crazy ECB announcements, there might a bullish trend reversal on the pair. After a clear break of a bearish trendline, I expect EURAUD to head higher in the near future. However I am expecting a small pullback before it makings it's next big move. Trade with care.
For more daily signals and analysis, please follow me. As well don't be afraid to leave a comment either you agree or disagree. Happy trading!
For more daily signals and analysis, please follow me. As well don't be afraid to leave a comment either you agree or disagree. Happy trading!
Note
EURAUD went lower then expected. However I realized I misadjusted my trendline and have slightly fixed my charts. EURAUD is still above the broken trendline and I have high hopes it will head higherNote
EURAUD bounced off the 61.8% level very well. Let's see if it will break 1.49079 levels to reach higher
Related publications
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.
Related publications
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.