After last week EUR explosion, a follow through is to be expected. And EURAUD seems to be a very good candidate (especially given the AUD bulls are giving signs of exhausion).
The pair retracement to the 0.613 fib level is now complete.
Target #1 : 1.5343 (fib ext 1.414)
Target #2 : 1.5469 (fib ext 1.618)
Stop loss : 1.469
The pair retracement to the 0.613 fib level is now complete.
Target #1 : 1.5343 (fib ext 1.414)
Target #2 : 1.5469 (fib ext 1.618)
Stop loss : 1.469
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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.