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.
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.
signalsview.com Contcat us to activate systems and access trading signals
Also on:
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.