EURAUD Weekly Analysis and Outlook This week, the EURAUD pair has shown a strong upward trajectory, closing in a bullish continuation phase. This upward momentum indicates a positive sentiment among traders, suggesting further potential for growth. Current Market Overview: The pair has been steadily moving upwards, supported by favorable market conditions and...
the price is currently in the support area (SR Flip) there is a bearish candle array that is lined up, the pressure to short is still quite strong. the price is likely to continue to fall until the SnD area and correct before continuing its bearish trend.
in the analysis a few weeks ago EURAUD continued to continue the bullish trend. if you look at this series of intraday analysis, the bullish trend will still continue.
I see a diamond pattern in the SnD area. then above the diamond pattern there is liquidity, the biggest possibility is that the price will rebound until above the liquidity area.
Hellooo...My Dragon Friends EURAUD just movement follow the trend line rule. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
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Euraud shows an emerging shark pattern in confluence with wave 5 of an impulse wave structure. the minimum target is to think of truncation of wave 5 and that will be at the price region where wave 3 terminated. Goodluck