EURAUD weekly SELL for Long-Term 1,62 sell TP 1,50
High potential but also high risk.
Trade idea is currently based on the dollar's weakness, so AUDUSD has the potential to strengthen, and on rumors that the market will probably feed on for several days, weeks ... If sentiment persists positive for AUD because the markets will see that there is a chance for agreement between China and the US, then we probably have a big downward momentum on the EURAUD pair - everything will of course happen on the basis of guesses and not facts, but the market moves precisely on the basis of probability and rumors, which is why we use it in our entries.
AUD is undervalued and there is a high probability of closing short positions in this currency, which will be reflected in decreases in EURAUD.
The potential is very large, but we are based on certain guesses and probabilities, so we are not sure what can happen.
We only have probability and potential and sentiment. The foundations will come with time.
For more information, do not hesitate to contact :)
Trade idea is currently based on the dollar's weakness, so AUDUSD has the potential to strengthen, and on rumors that the market will probably feed on for several days, weeks ... If sentiment persists positive for AUD because the markets will see that there is a chance for agreement between China and the US, then we probably have a big downward momentum on the EURAUD pair - everything will of course happen on the basis of guesses and not facts, but the market moves precisely on the basis of probability and rumors, which is why we use it in our entries.
AUD is undervalued and there is a high probability of closing short positions in this currency, which will be reflected in decreases in EURAUD.
The potential is very large, but we are based on certain guesses and probabilities, so we are not sure what can happen.
We only have probability and potential and sentiment. The foundations will come with time.
For more information, do not hesitate to contact :)
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