Market breaks it daily trend at 7.924 after retesting the M pattern formed on a weekly timeframe Best buy 7.924 T.P 9.101 T.p 11.725 T.p 17.30
GTC has a strong resistance at 8.215 after a break out the resistance turns support -the next resistance -8.762 -9.250
Waiting for a possible buy order @0.70052 Which acts as a support level ... On a monthly time frame the point 0.70052 acts as a strong support for a head and shoulder formation... If this point is broken then wait for a possible sell order after a retest of the area... *This is not a financial advice ...thanks
At present EURAUD is testing a strong resistance around 1.61950 which it's testing for the second time, for now looking for a short opportunity. If the daily candle breaks breaks above the resistance we would then look for a buy opportunity after it's retest.