EURAUD LOWER ON COT / RSA / SEASONALITY / PIVOTS / TA Short
Euro Fx/Australian DollarFXCM
Description
⋅ Expect lower prices based on:
- Seasonality (JAN/FEB down)
- Pivots )Monthly Pivot to Monthly S2)
- COT (EUR doWn, AUD up)
- Techicals (Break of Structure, Lower High)
- Relative Strength (EUR weaker, AUD stronger)
1.5000 as downside target for Q1