Hey Traders! We have a potential completion of the sideways correction on EURAUD. That means we'll be looking for big gains on the long side unless the invalidation level is violated. If price drops below the invalidation level, I'll be expecting further bearish movement to complete ((E)). Otherwise, this pair could have legs throughout the next couple of weeks. Stay tuned. I like this trade soon after market open and I'll be posting if I take a position.
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.