Hope Everyone having a great weekend, we have an important update on #EURAUD. Price distributed at first for a week or two though it drop as GOLD AND AUD is positively correlated. As GOLD prices hiked this week due to NFP AND OTHER ECONOMIC data forecasting inflation and fear of recession. This helped majorly AUD pairs; EURAUD has just begun it's big move, and we expect price to drop significantly during coming days. A perfect entry would be to wait for price to do a small correction.
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-The SETUP moving well dropped 270 pips!!
Trade closed: target reached
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#EURAUD, price dropped 470+ pips and hit our TAKE profit target. Another update idea will soon be posted today or during the weekend.