thunderpips

EUR AUD 2 POSSIBLE SCENARIOS

thunderpips Updated   
FX:EURAUD   Euro / Australian Dollar
Hi there. There are 2 possible scenarios on EURAUD.
The first one is wait for the price to reach the SMMA. If price moves correctively, wait and watch strong price action for sell.
The second scenario is possible if price starts to move impulsively to the upside. If that happens wait for the price to form a continuation pattern and watch strong price action for buy.
Comment:
Second scenario
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