AlexxChan
Long

EURAUD heading higher

FX:EURAUD   Euro / Australian Dollar
With the crazy ECB announcements, there might a bullish trend reversal on the pair. After a clear break of a bearish trendline , I expect EURAUD             to head higher in the near future. However I am expecting a small pullback before it makings it's next big move. Trade with care.

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Comment: EURAUD went lower then expected. However I realized I misadjusted my trendline and have slightly fixed my charts. EURAUD is still above the broken trendline and I have high hopes it will head higher

snapshot
Comment:
snapshot


EURAUD bounced off the 61.8% level very well. Let's see if it will break 1.49079 levels to reach higher
Above 1.46.. it can still cover all its losses..
Reply
AlexxChan newbie2016
It it falls below 61.8%, I'm back on being bearish
Reply
This spike in euro due to a slip of tongue by drahi against his wishes.I fear he will correct it before week end sending euro pairs lower !
Reply
AlexxChan waterman
Let's wait and find out!
Reply
newbie2016 waterman
slippage of tongue :) do you think these guys talk outside of their agenda? FED, ECB and BOJ are purely market makers :)
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