Hello everyone. i want share my idea about EURAUD pair.
After many touch it broke daily support which was strong but at some level it came back and still coming slowly.
The situation is simple, with my strategy it broke clear support which is now resistance, after touch i think we will get some strong fall to next daily support. after i used my Fibonacci tool it showed me some good entry points but am not going to open position yet because i need some confirmation at the level.
Manage your risk!!!
After many touch it broke daily support which was strong but at some level it came back and still coming slowly.
The situation is simple, with my strategy it broke clear support which is now resistance, after touch i think we will get some strong fall to next daily support. after i used my Fibonacci tool it showed me some good entry points but am not going to open position yet because i need some confirmation at the level.
Manage your risk!!!