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Profound_Ambition
Jul 20, 2018 6:06 PM

EURAUD Daily 

Euro Fx/Australian DollarFXCM

Description

Price is still ranging, below key level resistance 1.58700 & broken Uptrend line support now acting as resistance. Price also currently forming a possible shooting star rejection, to confirm price will have to break 1.57200 area on the daily.

Comment

Comment

H4: Multiple rejection to both the top & bottom of the range, after 3 rejections to both sides, price will likely look to break this upcoming week

Comment

watching 1.58700 region

Comment

Comment

If you sold at the zone I mentioned, you are up 120 pips : )
Comments
elfarouk-fx
100 pips already
Profound_Ambition
@elfarouk, woo! hopefully we get a break of the range today
!! : )
elfarouk-fx
@eazywayout, yeah down to 1.5600
fi1tek
Wich way to you suspect?
Profound_Ambition
@fi1tek, price is pointing more toward bears
elfarouk-fx
yup
Domsax48
Had me stopped out this week, I entered too early. Looking forward to this pair too, next week indeed.
Profound_Ambition
@Domsax48, yeah price has been sloppy in this consolidation, but a break next week could be coming
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