Hello all - DuncanForex here with a trade idea
With USD gathering momentum and AUDUSD rolling over and creating a bearish engulfing candle on today's daily close
I am looking to go long EURAUD after the downward resistance line was broken earlier this evening.
I will be trading this closely as I think it is only a short term retracement before EURAUD heads lower again.
Thanks for looking
Duncan
With USD gathering momentum and AUDUSD rolling over and creating a bearish engulfing candle on today's daily close
I am looking to go long EURAUD after the downward resistance line was broken earlier this evening.
I will be trading this closely as I think it is only a short term retracement before EURAUD heads lower again.
Thanks for looking
Duncan
Trade active:
additional entries at 1.5977 - Daily Pivot
Trade active:
all stops moved to 1.5975 as USD weakness has occurred sooner than expected