Samuel_Sowedi

EURAUD FOR THE COMING WEEKS

Long
FOREXCOM:EURAUD   Euro / Australian Dollar
Price still bullish because we have not yet tagged the previous weekly swing high. However, where the price is currently is too expensive to buy. wait for pullbacks to below 50% where you can buy at fair value.

If price takes out the liquidity draw before returning to far value, then I will be expecting a deeper pull back on the daily Time frame. Always wait for confirmation before taking any entries.

Cheers, all the best

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