justatrader

EURAUD - From a different perspective, same bias

Short
FX:EURAUD   Euro / Australian Dollar
4
This is a different approach to my past EURAUD analysis. The retracement must happen before price can drop any lower. Patience is key! H&S Target from daily is 1.4405 and from weekly H&S is 1.4317, so 1.44 should a nice price to set take profit to.
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.