As indicated in the chart, EURAUD is finding resistance at the channel TOP. So, far the price action indicates the formation of a TOP and possibility of EURUAD to drop in the coming weeks.
Low-risk sell entries can be taken at 1.7020-1.7120 with SL above 1.7300. TPs can be placed at 1.6770, 1.6540 and 1.6230
Low-risk sell entries can be taken at 1.7020-1.7120 with SL above 1.7300. TPs can be placed at 1.6770, 1.6540 and 1.6230
Comment:
Liquidy crisis created a mega candle lol. We will have to wait for at least 2-3 weeks before trading this
