malcolmlai

EUR/AUD Multi-direction Analysis

malcolmlai Updated   
FX:EURAUD   Euro / Australian Dollar
The price is currently sitting nicely on the 200 Moving Average.

Few possibilities:
- If it rebounds the 200 Moving Average, prices will see more bullish power
- If it cleans the 200MA to the downside, we can expect a good short opportunity

Either ways, we will possibly see a good set-up in just a few hours.

Don't take me word for word. Do your own due diligence!

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