The EURAUD crossrate is appearing bearish with a convincing Major Pivot Stack setup.
With the new Monthly Pivot Range now printed on our Daily chart we can see the resistance levels strongly intact, the series of colored circles above the current price.
Look for a selloff through the previous session low approximately 1.57160 and place stop loss at 1.59440.
Place a profit target at 1.5366 for a good risk reward trade.
With the new Monthly Pivot Range now printed on our Daily chart we can see the resistance levels strongly intact, the series of colored circles above the current price.
Look for a selloff through the previous session low approximately 1.57160 and place stop loss at 1.59440.
Place a profit target at 1.5366 for a good risk reward trade.
Order cancelled
Price has moved to far in opposite direction and has formed new Pivots of support.Note
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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.