My expectative for Euro/Australian Dollar is bullish, because the par formed a bullish channel and that could mean a possible bought on this par. Also, it's interesting what I see in this par. It's so interesting to know it. So, at the moment, I can't to say that we're to up, becuase another possibility is that Euro/Australian Dollar show a bearish pressure.
So, beware to trade, it's not reccomend until we broke down the $1.6485 AUD to short or $1.6538 AUD to entry in long position. So, we have these option if we see any break up or break down.
Now, more interesting is in Daily that the Fibonacci show a bought for long positon in the 0.618% of Fibonacci. But, we would awaiting that Euro/Australian Dollar make this break up or brea down. So, my expectative is bullish, but I need a good confirmation to entry in this par to trade.
We hope this opportunity!!!
So, please put 2 alarm alert in the $1.6450 AUD to short position and $1.6538 AUD to long position. You can to use any lines as I show you!!!
I will going to updated more this par, just be patience and remember, knowing the price action strategy!!!
Well done mate, you were right. What about now? Do you think it will continue down to 1.61 or go up towards 1.68?
harisonhbn9718
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@HrystiK, Well, I think that EUR-AUD coulld be to change the trend. So, I do not analyze it. But, im in Ethereum and Im in profit earning good money in cryptocurrency.