sundark

EURAUD - Still waiting for proper setup

FX:EURAUD   Euro / Australian Dollar
1
It may go till 1.43511( The kumo cloud boundary).
The stochastic is still sloping down and there is still no crossover.
The Chikousan line( violet line) is running into heavy traffic and the upside potential may be very limited.
I will wait in the sidelines as of now.
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.