Hey tradomaniacs,
looking at EUR/AUD we`ve seen a strong externded rally above the trandchannel due to the risk-okk in equities.
We are now facing a potential buy as soon as risk-off continues.
Only do so if stock-rally gets destroyed by a high CPI.
Risk-Off usually boosts EUR/AUD as AUD/USD tends to suffer more than EUR/USD during a sell-off in equities❗️
What do yu think?
looking at EUR/AUD we`ve seen a strong externded rally above the trandchannel due to the risk-okk in equities.
We are now facing a potential buy as soon as risk-off continues.
Only do so if stock-rally gets destroyed by a high CPI.
Risk-Off usually boosts EUR/AUD as AUD/USD tends to suffer more than EUR/USD during a sell-off in equities❗️
What do yu think?
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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.