So the narrative on EURAUD I've been seeing is,
multiple reaches to the 1.60 - 1.65 Area.
A rather deep range at that, alot of pips coming from
that range, What we are looking at are confirmations that
we are at a reversal area and that we are safe for a longer term sell off
at this moment. we see beautiful price action, Supply and Demand Criteria
Met, Now we look for the entry and in the illustration you will see what kind of
entry we are looking for. Please keep in mind this pair is powerful and volatile.
multiple reaches to the 1.60 - 1.65 Area.
A rather deep range at that, alot of pips coming from
that range, What we are looking at are confirmations that
we are at a reversal area and that we are safe for a longer term sell off
at this moment. we see beautiful price action, Supply and Demand Criteria
Met, Now we look for the entry and in the illustration you will see what kind of
entry we are looking for. Please keep in mind this pair is powerful and volatile.
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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.