Trade idea.
Although we are seeing a good push up again and EURAUD is trading above its short-term upside support line, still, the pair is somewhat stuck in a short-term downside channel. We need a clear break through one of the highlighted areas first, before we could get comfortable with either of the directions.
Please see the chart for details.
Don't forget your stop-loss.
Although we are seeing a good push up again and EURAUD is trading above its short-term upside support line, still, the pair is somewhat stuck in a short-term downside channel. We need a clear break through one of the highlighted areas first, before we could get comfortable with either of the directions.
Please see the chart for details.
Don't forget your stop-loss.
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