Hello all - DuncanForex here with a trade idea
With USD gathering momentum and AUDUSD rolling over and creating a bearish engulfing candle on today's daily close
I am looking to go long EURAUD after the downward resistance line was broken earlier this evening.
I will be trading this closely as I think it is only a short term retracement before EURAUD heads lower again.
Thanks for looking
Duncan
With USD gathering momentum and AUDUSD rolling over and creating a bearish engulfing candle on today's daily close
I am looking to go long EURAUD after the downward resistance line was broken earlier this evening.
I will be trading this closely as I think it is only a short term retracement before EURAUD heads lower again.
Thanks for looking
Duncan
Trade active
additional entries at 1.5977 - Daily PivotTrade active
all stops moved to 1.5975 as USD weakness has occurred sooner than expected
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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.