EURAUD BEARS SNEAKING UP!!
AUD looks like its ready to punch EUR in the nuts and sell off EURAUD. We've come in contact with a very strong resistance level in the market that has been significant multiple times in the past. Smaller candles approach this region once again signaling that there might not be liquidity above that level. A short position an be initiated with profit target at previous lows
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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.