ATSignalsFX

EURAUD for a BIG MOVE

Long
FX:EURAUD   Euro / Australian Dollar
euraud is having one of the most aggressive declines I have seen in my professional trading career, currently showing oversold levels of 4.5 on H4 without a single bounce, which is amazing.

In my opinion they are forcing selling for a big move to the upside. At this 61.8 fibonacci zone it should stop.

What do you think?

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