EURAUD MAY 2024 WEEK 3 OUTLOOK -
Daily - flip of AU here. price has already tagged S1 on daily and so, we can expect a pullback here. could be to the POC.
Origin - this confirms pullback theory from daily. as long as price stays above **1.63210 - 1.63003** bias will remain long and vice versa. since we are trading around start of month AVWAP it is critical to see how price reacts from this area.
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.