RCP

EURAUD: Very interesting movements is possible

FX:EURAUD   Euro / Australian Dollar
Hi traders.
FX:EURAUD             seems very interesting for me. Here could be several opportunities to get involved in.
I assume the market is going to Bears side;
Still looking the price to enter the Red Zone before it goes down.
However price could keep going down till the support @1.4645 following the little pullback and then continue the Bearish movement and finish cypher pattern @1.4519
Lets see what the market does, this pair is under my radar recently.

Wish you a good trading day.
Dear Avto Trader,

thanks for your inputs for AUDUSD rally, what's your take after reaching Target 2 level... Go Short ?
Reply
RCP viknesh09
Your are welcome.
Thanks for the replay viknesh09.
I dont assume to get involved until NFP, because we could see spikes during this news.
But technically we should be looking move like this in longer timeframe

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