Euro / Australian Dollar
Long
Updated

EURAUD: Tightening EUR vs Holding AUD for LONG opportunity

67
Fundamental:
ECB: Tightening Phase by reducing the QE to 30B EURO starting Jan 2018. Key economics targets are met
RBA: Holding current rate. Mixed market data mostly for AUS

Technical:
Price bounce of strong weekly support marching towards next weekly resistance
We ask for bargain at 38% retracement of the big candle.
Trade active

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.