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jabariofafrica
Aug 7, 2023 10:40 AM

EURAUD ____ INCOMING SHORT-TERM SELL -- LONG-TERM BUY Long

Euro Fx/Australian DollarFXCM

Description

Hello Guys,

EURAUD, just like EURNZD (See analysis below) in my speculation is poised to continue the bullish drive. However, there might be a bearish opportunity that will form the retracement for the bullish drive.

Price is trading at a key level from where the retracement might start. However, if the price would just wick above the previous high, I would love it... as it would entail that we have swept liquidity which would give momentum for the bearish move (retracement).

See below correlated pairs: EURNZD & EURAUD

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EURCAD ANALYSIS


EURNZD ANALYSIS


Cheers,
Jabari
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