sufiansaid

Short EURAUD Trading Idea

Short
sufiansaid Updated   
FX:EURAUD   Euro / Australian Dollar
Rationale for Bullish AUD :

1. Hawkish comment by RBA's Lowe yesterday, stating that change of rates in the future will be likely raising rates instead of cutting it

Rationale for Bearish EUR :

1. Germany coalition talk over the weekend. Failure to agree could lead to new elections. Political uncertainty
Trade active:
Price retaced to supply zone and hit daily pivo. Happy days
Trade closed: target reached

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