UGTraders

EURAUD - (probability scenario)

UGTraders Updated   
FX:EURAUD   Euro / Australian Dollar
EURAUD now showing a bullish momentum withdrawing but still have a little to spend into the upside.

It's very high likely for this currency pair to have long retracement after reaching the resistance level.

We should keep an eye on this currency pair since it have a very promising setup.

I'll updated this idea regularly to catch the most suitable entry point.


To be updated...
Comment:
by going over the resistance, the idea behind having a noticeable retracement is cancelled.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.