EURAUD Forecast - is Bullish/Buy!
Updated
Dear traders,
Here is your EURAUD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the AUD stands at “1”, meaning that the EUR is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at 1.5800 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 1.5773 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.5923
Our Stop Loss is placed at 1.5733
This is a 150 PIPS trade - Risk Reward 1:3
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
Here is your EURAUD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the AUD stands at “1”, meaning that the EUR is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at 1.5800 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 1.5773 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 1.5923
Our Stop Loss is placed at 1.5733
This is a 150 PIPS trade - Risk Reward 1:3
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
Trade closed: stop reached
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.