FX:EURAUD   Euro / Australian Dollar
EURAUD
I reckon this is rolling over for sure and will return to previous level but playing it safe.

It is actually heading up if ya ask me plenty of room Elipse type thing on the weekly.

That is why i have only 2 targets because it is stepping up.

Basically Parabolic more Parabolic the more chance it will return.

.
Trade closed: stop reached:
Oop's got this wrong stopped out but

Who is weaker Aussy because of heavy trade ties with china so we are lead to believe of now Europe who have the 2nd worst case of Corona Virus outbreak in the world and the USA have banned any one who has been to any of the 26 European contries in the last few weeks except USA citizen or perm residents.

26 banned countries that have free border crossing between them in Europe below.

www.nytimes.com/2020...ban-coronavirus.html

"The restrictions apply only to people who are not U.S. citizens who in the past two weeks have been in European nations that are part of the Schengen Area — the 26 countries that generally allow free and open movement across their borders: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland."

Peace

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.