Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: We are here in a bearish market structure on 1H timeframe, as price changed the character. I expect bearish price action after the price took buy stop liquidity and rejected from institutional big figure 1.64000. There is also a probability that price will go a little bit higher and then to reject from bearish order block.
Fundamental analysis: Next week on Wednesday we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade.
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‼️ This is my perspective on EURAUD.
Technical analysis: We are here in a bearish market structure on 1H timeframe, as price changed the character. I expect bearish price action after the price took buy stop liquidity and rejected from institutional big figure 1.64000. There is also a probability that price will go a little bit higher and then to reject from bearish order block.
Fundamental analysis: Next week on Wednesday we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade.
Like, comment and subscribe to be in touch with my content!
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