Here's my trade analysis for EURAUD (05/11/19 - 14/11/19).
This pairing has been taken over by the bears for over 3 weeks now & price has gotten to a key support at 1.60517 zone .
If the bulls gain momentum at this zone I'd expect price to get to the 1.61221 zone.
If the bulls break beyond this point price could probably move up to 1.60517 region.
If the bears break past the 1.60517 & 1.60133 zone then I'd expect a drop down to the 1.59129 region.
If the bulls gain momentum at this zone I'd expect price to get to the 1.61221 zone.
If the bulls break beyond this point price could probably move up to 1.60517 region.
If the bears break past the 1.60517 & 1.60133 zone then I'd expect a drop down to the 1.59129 region.