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benjaminhay

Next Week setup EURAUD

Long
Euro / Australian Dollar (OANDA:EURAUD)  
benjaminhay  
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Support and Resistance Fundamental Analysis
6
1
trendanalysis supportandresistance fundamental
The daily trend is still upward and on the 4h timeframe, price is definitely making higher highs and higher lows. I'm waiting for a pullback to enter long, ideally a retracement on the 0.5 fibo level.

AUD index is still in a moving downward and has lately rejected a resistance level

Retail sentiment EURAUD: very bearish


AUD index: (FX:AUDUSD+FX_IDC:AUDEUR+FX_IDC:AUDGBP+FX:AUDJPY/100+FX:AUDCAD+FX:AUDCHF+FX:AUDNZD)/7
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