Here we analyse Euraud.
1st window is showing D1 TF. simply we can see a bull run untill 1.5326
H4 TF is displayed in 2nd window. There we can see a breakout of Previous Trendline. And now testing previous support and the main point of 2 combined trendlines. So we are expecting a bull run from 1.49000
In the 3rd window we are watching that market is...
Hey tradomaniacs,
EUR/AUD has re-tested a key-support-zone and is likely to move up along with the US-Dollar after Jerome Powells statement from yesterday.
If indicies turn around and retrace the rally we might see a rising EUR/AUD as risk-off is likely to continue.
Techincally a gfood spot to go long as soon as confirmed.
What do you think?
Hey tradomaniacs,
in confluence with my expectations for a falling stockmarket I expect EUR/AUD to break out of the current correction very soon, especially after the recent stop-hunt to the downside which is often a final move before the price turrns around.
There is a chance to see a re-test of that hunt-zone, but overall I expect price to move up very soon!...
