TheTradersAvenue

EURAUD > Waiting for A Confirmation to Get in A Buy Trade!!

Long
OANDA:EURAUD   Euro / Australian Dollar
If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.

Analysis of #EURAUD

Hello friends,

The market has been trading in a wide range between support and resistance and we can assume it will continue to so for the time being with a small chance of success as the more the market hits the same levels the more they will get weaker.

however, I like to buy some EURUSD but I am taking the conservative approach, I will wait for confirmation we are going higher then look for a valid opportunity to get in a buy trade on the lower time frame targeting 1.5860.

let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you

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.