Hello guys,
here is my current view on EURAUD!
First of all I see an ENDING DIAGONAL that is a strong indication that the market is losing the bear power that it had.
Then I see a monthly supply&demand that would also be a re-test of the previous broken level!
We have an 38.2% of the whole trend since it low at 1.441
I also see an 78.6% of the previous wave. I am expecting EURAUD to continue it uptrend until 1.60.
Trade with care,
PC
here is my current view on EURAUD!
First of all I see an ENDING DIAGONAL that is a strong indication that the market is losing the bear power that it had.
Then I see a monthly supply&demand that would also be a re-test of the previous broken level!
We have an 38.2% of the whole trend since it low at 1.441
I also see an 78.6% of the previous wave. I am expecting EURAUD to continue it uptrend until 1.60.
Trade with care,
PC
Comment:
On our way to TP!