EURAUD is in a 240 down trend structure. Currently its making an up move in a structure. Possibly it may break the structure for more upside or it may come back for one more downside before the big up move. So it is a good trade setup in both cases.. Currently wait for a lower degree structure for one more upside.. Then wait and see if it breaks the bigger structure.. Keep an eye on it
Thank you
Keep following and support!
Thank you
Keep following and support!
Note
Almost near to the daily down trend! So wait and see if it breaks the structure or come for one more down
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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.