🎗️Name : EUR/AUD
🗨Time Frame : 4hrs Chart
(🖇️Short Order )
------
🧾 : WHY IS EURAUD GOING DOWN?
Changes in interest rates from the respective central banks, such as the Bank of England (BoE) and the Reserve Bank of New Zealand, can affect exchange rates. If the RBNZ raises interest rates while the BoE keeps them unchanged or cuts them, this could make the NZD more attractive to investors, which could lead to an increase in GBP/NZD.
——————————
➖Bearish Break
2.02660 Area
Reasons
Major Turn level / W
Visible Range Hvn
M / Low Break
Liquidity / Accumulation
inner Trend
Take Profit
Second entry
1.98700
➕Bullish Reversal
1.94600 Area
Reasons
Major Turn level / D
Major VP POC
W / M LOW
Fib Golden
Accumulation
——————————
🗨Time Frame : 4hrs Chart
(🖇️Short Order )
------
🧾 : WHY IS EURAUD GOING DOWN?
Changes in interest rates from the respective central banks, such as the Bank of England (BoE) and the Reserve Bank of New Zealand, can affect exchange rates. If the RBNZ raises interest rates while the BoE keeps them unchanged or cuts them, this could make the NZD more attractive to investors, which could lead to an increase in GBP/NZD.
——————————
➖Bearish Break
2.02660 Area
Reasons
Major Turn level / W
Visible Range Hvn
M / Low Break
Liquidity / Accumulation
inner Trend
Take Profit
Second entry
1.98700
➕Bullish Reversal
1.94600 Area
Reasons
Major Turn level / D
Major VP POC
W / M LOW
Fib Golden
Accumulation
——————————
Note
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EURAUD - 4hrs ( Sell Trade 7.70% )
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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.