orancapital

Possible Reverse from the Trendline, EURAUD

Short
FX:EURAUD   Euro / Australian Dollar
In line with the EURUSD idea () weak EUR and hawkish RBA might trigger a selloff for EURAUD. The trend tested 2 times and perhaps the price finally start to weaken if EURUSD trend breaks. Above the trendline is the obivious stop for my strategy.

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.