EURAUD- Price rejected the 1.58750 level which is confluence with 200EMA with multiple wicks and also a triple top formation.
We have been seen bearish movements in the market since then. A lot of people might have missed the initial bearish move but there still might be another opportunity here.
Wait for a slight pull back if we see one and take a short trade upon rejection.
SL- somewhere above 1.5736
Target - 1.5590
We have been seen bearish movements in the market since then. A lot of people might have missed the initial bearish move but there still might be another opportunity here.
Wait for a slight pull back if we see one and take a short trade upon rejection.
SL- somewhere above 1.5736
Target - 1.5590
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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.
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.