EURAUD shows higher lows on 4 chart time frames shown below. EURAUD is bullish on those time frames. On the Daily Time Frame, EURAUD is bearish. EMA 10 is below EMA 20 which makes EURAUD bearish on the Daily Time Frame. But, the EMA 10 and EMA 20 is curling up on the Daily Time Frame which indicates a possible bull move in the future. My recommendation is to open a small buy position if you want to enter when the markets open. Then add to the position if the market moves in your favor. My second recommendation is to wait for price to reach 1.57801 and then wait for a pull back to enter.
1H - 4H Charts
4H Chart with Horizontal Level
Daily Chart
Reward Risk Potential
1H - 4H Charts
4H Chart with Horizontal Level
Daily Chart
Reward Risk Potential
