EURAUD 500 PIPS trade

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EURAUD 500 PIPS trade

Hello traders

Why the EURAUD did rise ? and why it will fall hard?

1. #DXY was falling and this will make the #EXY very strong, and Stock market was going a correction so the #AXY was weak, so that is why the #EURAUD was weak.

Why it will rise now?
1. DXY is expected to slow down the fall or go through a correction, and Australian dollar should pick steam soon with stock market heating up again.

So we have a very good trade, at least 500 pips profit.

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