The EUR/AUD Daily time frame is in side ways movement. The market is at the top of resistance and showing signs of pushing back down towards support for about +190 Pips. Going to turn to the one hour time frame and look for counter trend line breaks bearish in the sell zone.
Great idea, I have a different bullish view on EURAUD, let me know how you think
JoshuaMartinez
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@FXCM-EDU, looks good. Are you looking at a one hour time frame?
The bullish push may be a test of the daily resistance. If resistance holds on the daily, I'm still looking for the push towards support, may not go all the way, but should be able to pick up some pips from it.
But if we both look at the range in the market, either buying or selling, strategically with a couple spread out entries, should be able to pick up some solid gains on this currency pair!
Great idea, I have a different bullish view on EURAUD, let me know how you think