long EurAud
Updated
It is a risky trade since monthly and weekly frames show bearish mood,but we can not trade long for two reasons:
First,AUDUSD on a monthly frame,price touches a 21 months simple moving average and price may go down.
Second,EurUSD shows a nice moves in the last three days and keep m bullish mood trading.
First,AUDUSD on a monthly frame,price touches a 21 months simple moving average and price may go down.
Second,EurUSD shows a nice moves in the last three days and keep m bullish mood trading.
Trade closed: stop reached
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.