Pair: EURAUD
Timeframe: Daily
Trade Type: Position/Swing
EURAUD is approaching the area where there was the huge manipulation at the beginning of the year to mitigate. A lot of people are in sells currently which makes the market more likely to push up to take them out, before a long term bearish run. AUD news approaching and I expect AUD to temporarily spike down in weakness before it’s bullish run.
#JSnipes
Timeframe: Daily
Trade Type: Position/Swing
EURAUD is approaching the area where there was the huge manipulation at the beginning of the year to mitigate. A lot of people are in sells currently which makes the market more likely to push up to take them out, before a long term bearish run. AUD news approaching and I expect AUD to temporarily spike down in weakness before it’s bullish run.
#JSnipes
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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.