Hello Guys,
EURAUD, just like EURNZD (See analysis below) in my speculation is poised to continue the bullish drive. However, there might be a bearish opportunity that will form the retracement for the bullish drive.
Price is trading at a key level from where the retracement might start. However, if the price would just wick above the previous high, I would love it... as it would entail that we have swept liquidity which would give momentum for the bearish move (retracement).
See below correlated pairs: EURNZD & EURAUD
Follow for more updates like this.
EURCAD ANALYSIS
https://www.tradingview.com/chart/EURCAD/BCo2J8hA-EURCAD-INCOMING-BULLISH-RALLY/
EURNZD ANALYSIS
https://www.tradingview.com/chart/EURNZD/oQ6g4VpF-EURNZD-INCOMING-BULLISH-MOVE/
Cheers,
Jabari
EURAUD, just like EURNZD (See analysis below) in my speculation is poised to continue the bullish drive. However, there might be a bearish opportunity that will form the retracement for the bullish drive.
Price is trading at a key level from where the retracement might start. However, if the price would just wick above the previous high, I would love it... as it would entail that we have swept liquidity which would give momentum for the bearish move (retracement).
See below correlated pairs: EURNZD & EURAUD
Follow for more updates like this.
EURCAD ANALYSIS
https://www.tradingview.com/chart/EURCAD/BCo2J8hA-EURCAD-INCOMING-BULLISH-RALLY/
EURNZD ANALYSIS
https://www.tradingview.com/chart/EURNZD/oQ6g4VpF-EURNZD-INCOMING-BULLISH-MOVE/
Cheers,
Jabari
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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.