Asussie
AUDCAD potential shortThe price is approaching 4hr Resistance where price have been rejected several times. Expecting to see the same again :)
Please feel free to drop your ideas, thanks
EURAUD - Short setupHi everyone,
EURAUD has closed above the trendline, but is failing to continue its way up.
Considering the fact that i believe NZDJPY is going to shoot up, i believe EURAUD is going down, since it has a high negative correlation; meaning the pairs move in opposite directions.
You can sell if you have a clean H4 close bélow the trendline. Or wait for it to break the H1 trendline:
My target is 1.37380, but decide your SL and TP for yourself.
Trade with care.
