I was asked a lot about EURAUD.
Pair has recently broken above the bull flag
and we see a strong bullish continuation.
I believe that bulls will continue pushing the market to higher structure levels.
On my trading radar is the wide area between 1.641-1.647.
This zone matches perfectly with the horizontal structure on the left
and completion point of the equal measured move.
So I will be looking for a confirmation signal only when the market will enter the zone.
For now, buying of shorting the pair is very risky.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.