EURAUD Daily - 5300 pretty much indicates the break out is done........ the above chart or the 8 hr is the confirmation spot of this 5300 break out - if can't take it out it carries potential for a reversal and thus a false break on the daily .. This then tgts 5100-20. zone.. IT can still get a bounce back up but likely to face resis to 5300.. This is where it holds; is a shorting opp for a 1.47 fallout min - if not more........
EURAUD Daily - Incase we fake upside then this is what the pair likely end up doing....... [7:03:31 PM] Stryker: In short 5420-30 under there is a potential for a big fallout on the pair.......
Now...
This is bigger outlook..
1.5000 drop zone to say if get under to 5300 and start closing under..
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.