Euraudbearish
EURAUD short position for near termAs can be seen in the chart above, EURAUD seems to be in a strong downtrend. It seems that it will continue following the downtrend for the near term and test the support level of 1.65900, which is where I will be placing my take-profit level. We can expect to see some volatility in this pair with the upcoming news announcement in a few hours for the AUD pair (the RBA Trimmed Mean CPI QoQ and the Consumer Price Index QoQ in about 2 hours and 45 minutes from now).
EURAUD SIGNAL | Follow For High Quality TradesPair: EUR/AUD
Side: Long
Our Entry Price: 1.71996
Target: Open
Stop-loss🚫
1.7175
Risk on Equity: 1%
We’re keeping a very tight stop loss on this so that we can catch this bigger move with a bigger lot size while still only risking 1%.
If we get stopped out we will look for a cleaner entry. We are expecting a big move to the upside.
EURAUD potential bounce!
EURAUD expected to reverse up to 1st support at 1.76612 where it could potentially react and bounce to its resistance at 1st resistance at 1.87001.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD potential bounce!
EURAUD expected to reverse up to 1st support at 1.75154 where it could potentially react and bounce to its resistance at 1st resistance at 1.88621.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD, SCALPER and SWING entries!In this moment, the value can't surpass a supply zone, so we expect a short zone to retest our trendline and to retest the 38% of fibo, we will have an accumulation zone too, so our firt tp could be in 1.68000, thats the minimum i expect that the value will fall after the big rise.
I have explained the short entry, we will have after of this a long entry, for more ANALYSIS and UPDATES, FOLLOW me and give a LIKE for more pips!!
EURAUD and the SELL ZONEWe need to wait a little but the sell zone is there, we have a evening star that says to us that the value needs to fall before continuing the rise, we also need a retest in the downtrend and a previous accumulation in the KL, this could be also a confirmation to rise up, the EXY is starting to fall so care about this accumulation because it could go down without this accumulation and accumulate in the future increase.