Euraudsell
EURAUD potential reversal!
EURAUD expected to rise up to 1st resistance at 1.61451 where it could potentially react off and drop down to 1st support at 1.60992.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
EURAUD approaching resistance, look out for potential reversal!
EURAUD is approaching its resistance at 1.60559 where it is could reverse down to its support at 1.60056.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Bearish trend for this week 30/6/2019EurAud this week will continue dropping to 1.56950 to break it out
but the first thing will happen while the market is open is to retest price @1.6250 trying to break it, then going down again
The average dimension is (1.609375 to 1.625000) (yellow line in the chart )
Daily dimension: (1.617375 to 1.619375) (Green line )
Our Target is :
SELL order @ 1.625000
TP1 @ 1.615000
Tp2 @ 1.62500
TP3@ 1.61175
SL@ 1.62770
Trade at your own risk!
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Thanks a lot for reading.
EURAUD ShortWe have to watch 1.6260 level if any strong bearish 4h closer we are for sell, I think that level will be tested again, but trade safe this pair is a pain in the ass and can do big manipulations.
My advice don't trade this pair until you see a candle you want in that level because that level is the level where the manupilation
is made, I think that level will be tested 3 4 times until aussie gets stronger.
And make sure you put a big stop loss for this pair.
EURAUD reversed from resistance, potential drop!
EURAUD reversed off its resistance at 1.62552 where it could potentially drop further to 1.61788.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.