EURAUD
EURAUD is on a long term uptrend, however,
current price action is bearish, with LL/LH's
being continuously formed for 3 weeks.
A close below the EMA adds confluence.
A break and retest below 1.58600 can push
to extended levels.
(Monthly candle closure will be important.)
current price action is bearish, with LL/LH's
being continuously formed for 3 weeks.
A close below the EMA adds confluence.
A break and retest below 1.58600 can push
to extended levels.
(Monthly candle closure will be important.)
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