EURAUD has been on our radar for some time and with the weekly timeframe forming a significant bearish engulfing candle off the key highs, we could expect some downside to continue. Looking for 4hr trading opportunities off the moving averages with targets being the daily trendline support.
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.