Strifor || EURAUD-30/04/2024
Updated
Preferred direction: BUY
Comment: After negative data on retail sales in Australia, the AUD is losing ground, and here we can count on a short-term weakening of this currency. This trend is also confirmed by technical factors. For the EURAUD currency pair, a test of the area is expected at the level of 1.64767, where the limit seller area is located. Most likely, this will realize today, the deadline is tomorrow. After which, sales will most likely resume.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: After negative data on retail sales in Australia, the AUD is losing ground, and here we can count on a short-term weakening of this currency. This trend is also confirmed by technical factors. For the EURAUD currency pair, a test of the area is expected at the level of 1.64767, where the limit seller area is located. Most likely, this will realize today, the deadline is tomorrow. After which, sales will most likely resume.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Trade active
Trade closed: target reached
⚡️New ideas for USDCAD, USDCHF and EURAUD⚡️
Comment
⚡️New ideas for USDCAD, USDCHF and USDJPY⚡️
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
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.