AlexxChan
Long

EURAUD heading higher

FX:EURAUD   Euro Fx/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

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Comment:
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EURAUD bounced off the 61.8% level very well. Let's see if it will break 1.49079 levels to reach higher
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 :)
Reply
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
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