EURAUD: Last week I shorted this pair ( seen in my previous post ) and we hit my take profit on the dot.
Now, this pair could still see a movement to the downside.
If we close below my weekly resistance on the daily time frame, or if we get a very strong 4HR close, I believe we could go to my next support at 1.57500
For now I'll be keeping an eye on this pair to see what it does.
Now, this pair could still see a movement to the downside.
If we close below my weekly resistance on the daily time frame, or if we get a very strong 4HR close, I believe we could go to my next support at 1.57500
For now I'll be keeping an eye on this pair to see what it does.
Comment:
Trade invalid. Didn't close below support bearish.