EURAUD is consolidating on the daily chart and developing bearish divergence with a breakout looking imminent, I am expecting a breakout to the down side to sell the pair with an initial target of around 400 pips.
Comment
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we are on the way...
Comment
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correction ended a bit short of target in the 50% retracement level
Looks like the best level to sell this setup is right now! Of course, this would be anticipating the breakout, with no confirmation. But still, the best level.
piphunters
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part of the reason why I believe this pair will go down is I am expecting AUD to strengthen.
Piet.Hein
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I have an eye on this one too :)
Var9999
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whoo..no..trends,seasonality,corr, deviation levels. ..I'll take the upside 400
Var9999
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EURAUD-that is
massziri
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Hi, thank you for this analysis, what if the price go long on EUR/AUD, what will be aproximatively its limit this week ? Respect :)