Hey tradomaniacs,
looking at EUR/AUD we`ve seen a strong externded rally above the trandchannel due to the risk-okk in equities.
We are now facing a potential buy as soon as risk-off continues.
Only do so if stock-rally gets destroyed by a high CPI.
Risk-Off usually boosts EUR/AUD as AUD/USD tends to suffer more than EUR/USD during a sell-off in equities❗️
What do yu think?
looking at EUR/AUD we`ve seen a strong externded rally above the trandchannel due to the risk-okk in equities.
We are now facing a potential buy as soon as risk-off continues.
Only do so if stock-rally gets destroyed by a high CPI.
Risk-Off usually boosts EUR/AUD as AUD/USD tends to suffer more than EUR/USD during a sell-off in equities❗️
What do yu think?